An Organization Forms an Alliance Contract

question 12

Multiple Choice

An organization forms an alliance contract. It specifies in detail the duties and obligations of each of the partners, how the profits are to be split by the partners, and the process by which disputes will be resolved. Which of the following clauses is likely to cover the duties and obligations of the partners, including warranties and minimum output levels required to satisfy the contract?

• A)Residual rights clause
• B)Voting rights clause
• C)Performance clause
• D)Dispute clause

---

Definitions:

Dip Slope

The gently inclined surface of a bedded rock, tilting in the same direction as the strata.

High Pressure

A condition of great force exerted over an area, often associated with deep sea environments, weather systems, or geological processes.

Low Temperature

A condition where the environment or a specific object has a temperature below the average or expected.

Subduction Zone

A region of Earth's crust where two tectonic plates converge, and one plate is forced underneath the other into the mantle, often leading to volcanic activity and earthquakes.