Contract Assembly Refers to

question 29

Multiple Choice

Contract assembly refers to

• A)offering the right to a trademark,patent,trade secret,or similarly valued items of intellectual property in return for a royalty or fee.
• B)contracting with a foreign firm to assemble parts and components that have been shipped to that country.
• C)when a foreign company and a local firm invest together to create a local business.
• D)having a company handle its own exports directly,without intermediaries.
• E)contracting with a foreign firm to manufacture products according to stated specifications.

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Definitions:

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