When a Contract Is Partly Printed and Partly Written, _____

question 22

Multiple Choice

When a contract is partly printed and partly written, _____.

• A) the written terms control the printed terms if the two conflict
• B) ambiguities are resolved in favor of the party who drafted the contract
• C) the printed terms control the written terms
• D) any presence of ambiguities renders the contract void and unenforceable

Explain the disadvantages associated with specific entry modes, such as joint ventures and exporting.

Understand the concept and impact of white-label goods in international trade.

Evaluate the strategic decision-making process involved in entering a new international market.

Understand the concept of innovation within the business and its impact on growth and market creation.

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Definitions:

Companies Creditors Arrangements Act

A Canadian federal law providing financially troubled corporations the opportunity to restructure their affairs through a formal plan of arrangement.

Bankruptcy and Insolvency Act

Legislation that outlines the legal procedures for dealing with the debts of individuals and businesses in financial trouble.

Canadian Criminal Code

A legal document that codifies most criminal offenses and procedures in Canada, serving as the primary source for criminal law in the country.

Over-the-counter Market

A decentralized market without a central physical location, where market participants trade stocks, commodities, currencies, and other financial instruments directly between two parties without a broker's intermediation.