FIGURE 7-6 -According to Figure 7-6 Above, Points "D" Would Most Likely

question 179

Multiple Choice

FIGURE 7-6
-According to Figure 7-6 above, points "D" would most likely be __________.

• A)exporting
• B)joint venture
• C)direct investment
• D)franchising
• E)licensing

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Definitions:

Statement Future Intent

A declaration or indication of a party's plans or objectives for the future, not necessarily a binding commitment.

Specific Offeree

An individual or entity to whom an offer is directly and explicitly made in a contractual agreement.

UETA

The Uniform Electronic Transactions Act, which provides legal recognition to electronic signatures and records as equivalent to written documents and signatures in commercial transactions.

E-commerce

The buying and selling of goods and services over the internet.