Even Though It Is Not Actively Involved in Global Marketing

question 65

True/False

Even though it is not actively involved in global marketing, Hennessey Enterprises, a Canadian business, agreed to sell 2,000 of its stress-reducing products to a distribution company in Norway. This would be an example of exporting.

---

Definitions:

Gambling Illegal

The prohibition by law of the practice or act of wagering, betting, or playing games of chance for money or other stakes.

Exculpatory Clause

A contract provision that releases one party from liability or legal consequences of their actions to another party involved.

Release

In legal terms, an agreement where one party frees another from liability, claims, or demands.

Contract of Adhesion

A standard form contract prepared by one party, with little or no opportunity for the other party to negotiate more favorable terms.