Indirect Exporting Refers to

question 219

Multiple Choice

Indirect exporting refers to

• A) offering the right to a trademark, patent, trade secret, or similarly valued item of intellectual property in return for a royalty or fee.
• B) selling a firm's domestically produced products in a foreign country without interference by that government.
• C) contracting with a foreign firm to manufacture products according to stated specifications.
• D) avoiding the use of additional parties when a firm sells its domestically produced products in another country.
• E) selling a firm's domestically produced products in a foreign country through an intermediary.

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Definitions:

Negligently Failed

The act of failing to take reasonable care in doing something, leading to unintended harm or damage.

Trial Court

A court in which most civil or criminal cases start when they first enter the legal system. The parties present evidence and call witnesses to testify. Trial courts are referred to as courts of common pleas or county courts in state court systems and district courts in the federal system. Also called court of original jurisdiction and court of first instance.

Manufacturer Negligent

A situation when a manufacturer fails to ensure the safety and efficacy of their product, resulting in harm to consumers.

Failing To Warn

The legal culpability faced by an entity for not properly informing consumers or users of a product's latent dangers or risks, potentially leading to harm.