One of the Obligatory Aspects of Strategic Alliances Is the Dependence

question 62

True/False

One of the obligatory aspects of strategic alliances is the dependence on written contracts to delimit responsibilities and enforce compliance.

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Definitions:

Clayton Act

A piece of U.S. legislation enacted in 1914 aimed at promoting fair competition and preventing monopolies and unethical business practices.

Exclusive Dealing

A contractual arrangement in which a seller agrees to sell its products to only one particular buyer, or a buyer agrees to purchase from only one seller, limiting competition.

Tying Arrangements

A business practice where a seller requires the buyer to purchase other products as a condition of getting the desired product.

Federal Trade Commission

A U.S. federal agency tasked with consumer protection and the prevention of anti-competitive business practices.