________ Ventures Occur When a Company Joins Forces with Foreign

question 78

Multiple Choice

________ ventures occur when a company joins forces with foreign investors to create a local business of its own.

• A) Joint ownership
• B) Licensing
• C) Contract manufacturing
• D) Franchising
• E) Indirect exporting

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Definitions:

Lobby

To seek to influence a politician or public official on an issue, often conducted by lobby groups or lobbyists.

In Pari Delicto

A legal doctrine that prevents a plaintiff who has participated in wrongdoing from recovering damages for loss resulting from the wrongdoing.

Court

An institution that has the authority to decide disputes, administer justice, and apply the law.

Remedy

A form of legal redress used to enforce a right or compensate for harm or injury caused by the breach of a legal duty.