Alliances Are Viewed as Effective Vehicles for Creating All of the Following

question 74

Multiple Choice

Alliances are viewed as effective vehicles for creating all of the following except ________.

• A) new capabilities
• B) new products
• C) new markets
• D) new sub-alliances

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Definitions:

Main-Purpose Rule

A legal principle that if the main purpose of a guarantor to sign a surety agreement is to secure a personal benefit, the agreement does not have to be in writing to be enforceable.

Secondary Obligation

An obligation that arises indirectly or as a result of another primary obligation, often in legal or financial contexts.

Statute of Frauds

A legal concept that requires certain types of contracts to be written and signed to be enforceable.

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party against whom enforcement is sought, to be legally enforceable.