What Type of Agreements Enable Firms to Hold Each Other

question 46

Multiple Choice

What type of agreements enable firms to hold each other hostage,which reduces the probability that they will behave opportunistically toward each other?

• A) cross-licensing
• B) franchise
• C) joint venture
• D) exporting
• E) mergers

---

Definitions:

Balance

A state where different elements are in the correct proportions or maintained in a steady position without falling.

Coordinating Movements

The method of coordinating various body parts to function together seamlessly and effectively.

Corpus Callosum

a large band of neural fibers connecting the two cerebral hemispheres, facilitating interhemispheric communication and coordination.

Split Brain

A condition resulting from the severance of the corpus callosum, causing a disruption in the communication between the left and right hemispheres of the brain.