Most of What Is Contained in a Sales Agreement Is

question 9

Multiple Choice

Most of what is contained in a sales agreement is the same in the contract for a domestic representative as for an export sale.However,which of the following is among the two areas requiring special attention in an export sales contract?

• A) Designation of responsibilities for collection of monies.
• B) Designation for managing promotion of the product.
• C) Designation of responsibilities for patent and trademark registration.
• D) Designation of the deadline and mechanisms for completing the sale.

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Definitions:

Savings Rate

The fraction of disposable income that is saved instead of spent on various goods and services.

Productivity Rate

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in a given time period.

Savings Rate

The proportion of income that is saved rather than spent over a specific period.

Economic Growth

The process by which the economic well-being and quality of life of a nation improve over time.