Sufficient Business Develops in France for Graphic Comics Inc

question 38

Multiple Choice

Sufficient business develops in France for Graphic Comics Inc. ,a U.S.firm,to appoint Comics Graphique Ltd. ,a French firm,to act as Graphic's marketing representative in France.This is

• A) direct exporting.
• B) franchising.
• C) indirect exporting.
• D) licensing.

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Definitions:

Securities Act

Refers to the U.S. Securities Act of 1933, a federal piece of legislation enacted to regulate the securities industry and protect investors.

Effective Registration Date

The date on which a company's registration statement is declared effective by the Securities and Exchange Commission, allowing it to legally sell securities.

Prospectus

An investment document that provides details about a company or financial product, aimed at potential investors.

Registration Statement

A document submitted to securities regulators containing financial and other significant information about a company before it issues stock.