Robert Mondavi Wineries Entered into an Agreement with Baron Philippe

question 1

Multiple Choice

Robert Mondavi Wineries entered into an agreement with Baron Philippe de Rothschild, owner of Boreaux's First Growth chateau, to produce a top quality wine in California. The two companies working together to create a new product is an example of _____.

• A)exporting
• B)licensing
• C)a joint venture
• D)a cooperative contract
• E)a wholly owned subsidiary

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