Which of the Following Is Not Part of a Good

question 12

Multiple Choice

Which of the following is not part of a good guideline list for managing strategic alliances?

• A) establishing a clear understanding between partners
• B) not shortchanging your partner
• C) relying primarily on a contract to make the joint venture work
• D) working hard to ensure a collaborative relationship between partners

---

Definitions:

Relieved from Performance

A legal condition where a party is released from fulfilling their obligations under a contract due to unforeseen circumstances.

Perfect Tender Rule

The perfect tender rule is a principle in sales law that allows a buyer to reject goods delivered by a seller if they do not meet all contract specifications.

Substantial Deviations

Major divergences or departures from a set path, standard, or expected norm.

Material Breach

A significant violation or failure to perform one's obligations under a contract, which justifies the non-breaching party's termination of the contract.