[Miracle Face] Yoshe Developed a Great New Type of Face

question 46

Multiple Choice

[Miracle Face] Yoshe developed a great new type of face cream guaranteed to provide total sun protection, remove wrinkles, and result in anyone looking at least ten years younger. Her product, Miracle Face, became extremely popular in the U.S., where she has several shops, and also in other countries to which it was shipped. Yoshe has a number of individuals in other countries seeking to team with her in selling Miracle Face. Sam, a citizen of Mexico, asks that she grant him permission to use her name and any associated trademarks, and allow him to sell Miracle Face in Mexico. Yoshe has an offer, however, from another Mexican citizen, Nora. Nora proposes that she and Yoshe associate together, open a business to sell Miracle Face, and share profits and management responsibilities. Yoshe has also thought about opening her own business in Mexico in conformity with Mexican laws. She would then hire employees in Mexico to sell the product. Another matter Yoshe has considered is simply arranging for her products to be shipped to Mexico for sale, and she is interested in the effect of any trade agreements between the U.S. and Mexico.
-If Yoshe decides to proceed as Nora proposes, their arrangement would be a[n] ________.

• A) Franchisee-franchisor arrangement
• B) Affiliator-affiliatee arrangement
• C) Joint venture
• D) Licensing agreement
• E) Subsidiary agreement

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Definitions:

Schizophrenia

A chronic psychological disorder characterized by a disconnect among cognition, emotion, and behavior, resulting in distorted perceptions, improper feelings and actions, detachment from reality and interpersonal connections towards fantasy and illusion, accompanied by a feeling of psychic disintegration.

Subtypes

Distinctive categories within a classification system based on specific characteristics separating them from other categories within the same system.

Paranoid Subtype

A classification within certain mental disorders where the dominant symptom is paranoia or persistent delusions, particularly of persecution or grandeur.

Borderline Personality Disorder

A mental health disorder characterized by pervasive instability in moods, interpersonal relationships, self-image, and behavior, often leading to impulsive actions and problems in relationships.