Delix Juices Co

question 77

Multiple Choice

Delix Juices Co., well-known for its fruit juices with catchy names, has recently signed an agreement with Finred Books Ltd. According to this agreement, Delix Juices Co. has an outlet at each Finred store. This agreement has led to an increase in profits for both the companies as sales of both have increased. This is an example of a _____.

• A) boundaryless organization
• B) joint venture
• C) cross-functional team
• D) strategic alliance
• E) co-operative structure

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Definitions:

Exculpatory Clause

A provision in a contract that absolves one party from liability for their own negligence or wrongdoing.

Liability

Obligation or liability for one's actions or debts.

Tortious Conduct

Actions carried out by an individual or entity that cause harm or loss to another, leading to civil legal liability.

Public Officer

An individual holding a position of authority in a governmental organization, bound by official duties.