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Through Joint Ventures,firms Can Directly Acquire the Assets and Competencies

question 49

True/False

Through joint ventures,firms can directly acquire the assets and competencies of other firms.


Definitions:

Misrepresentation

The act of presenting false or misleading statements that lead someone to enter into a contract under mistaken understanding.

Contract

A legally enforceable agreement between two or more parties with mutual obligations.

Set Aside

A legal term that refers to the court's power to invalidate or annul a decision or action.

Induced

The act of being led or moved by persuasion or influence, often used in contexts involving decisions or actions.

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