Examlex
For years,Motorola complained about formal and informal Japanese trade barriers.In 1987,Motorola allied itself with Toshiba to build microprocessors.This alliance helped Motorola secure government approval to enter the Japanese market.This is an example of which advantage to strategic alliances?
Legal Fiction
A fact assumed by courts for legal reasoning purposes, despite its actual falsehood, often used to achieve equity or adhere to a legal doctrine.
Corporation
A legal entity recognized by law, separate from its owners, with rights to own property, incur debt, sue, and be sued.
General Security Agreement
A contract that creates a security interest in all assets of the borrower, present and future.
Shareholder's Loan
A loan given to a company by one of its shareholders, typically used for startup or growth financing.
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