What Agreement Entails the Creation of a Third-Party Legal Entity

question 45

Multiple Choice

What agreement entails the creation of a third-party legal entity?

• A) strategic alliance
• B) joint venture
• C) licensing
• D) exporting

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Definitions:

Consensus

General agreement among the members of a group or community, often used as a decision-making process in collaborative environments.

Instrumental Theory

denotes a perspective in sociology and psychology suggesting that individuals engage in certain behaviors primarily because of the rewards or outcomes associated with those behaviors.

Reinforcement Theory

A theory that suggests behavior is influenced by reinforcements or consequences, and that behavior can be modified by changing the consequences.

Classical Conditioning

A conditioning concept developed by Russian physiologist Ivan Pavlov that suggests that learning can be accomplished through the use of stimuli.