Optima Medico Corporation, a U.S. firm, signs a contract with Pharma Beneficial, Ltd., a Canadian firm, to give Pharma the right to sell Optima's products in Canada. This is
a. a distribution agreement.
b. a joint venture.
c. direct exporting.
d. licensing.
A
You might also like to view...
One-hundredth of a percentage point is called a(n) ________ point.
A. stock B. basic C. basis D. federal interest
Please identify the letter of the choice that best matches the term below.
A. Measure of the variability of a set of data B. The value that occurs most frequently. C. Usually referred to as the average D. The point that separates the higher values from the lower values E. Pointer that you include in a formula to tell the spreadsheet where to find the actual data
The three important ideas about law discussed in this chapter are that it is powerful, it is inflexible and it is functional
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. The NPV method was once the favorite of academics and business executives, but today most authorities regard the MIRR as being the best indicator of a project's profitability. B. If the cost of capital declines, this lowers a project's NPV. C. The NPV method is regarded by most academics as being the best indicator of a project's profitability, hence most academics recommend that firms use only this one method and disregard other methods. D. A project's NPV depends on the total amount of cash flows the project produces, but because the cash flows are discounted at the WACC, it does not matter if the cash flows occur early or late in the project's life. E. The NPV and IRR methods may give different recommendations regarding which of two mutually exclusive projects should be accepted, but they always give the same recommendation regarding the acceptability of a normal, independent project.