Which of the following is not covered by the U.S. Department of Commerce's 1993 booklet, International Business Practices, concerning distributor agreements?
a. If possible, state the jurisdiction that will handle disagreements.
b. What is legal in the United States may not be legal in another country.
c. Benefits to both parties should be stated.
d. The agreement can be either oral or written.
D
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On December 31, Strike Company sold one of its batting cages for $55,000 . The equipment had an initial cost of$310,000 and has accumulated depreciation of $260,000 . Depreciation has been taken up to the end of the year.What is the amount of the gain or loss on this transaction?
a. loss of $55,000 b. loss of $5,000 c. gain of $5,000 d. gain of $55,000
Which of the following best describes an ethical lapse?
A) Choosing among alternatives that are not clear cut B) Making an unethical choice C) Recruiting people to promote a product without disclosing the true nature of the communication D) Not giving all participants in a conversation access to the information needed to process information E) Promoting transparency in a conversation
In the customer support center where Carl works, employees are taught to make conversation to put customers at their ease. As customers don't like being kept waiting, they must also try to minimize the time that customers spend waiting for service
Thus, when there are a number of customers lined up, Carl usually has to decide whether to answer a customer's questions in detail or move on quickly to the next customer. The firm's standards are not clear on how they want him to perform. When asked, his boss answers, "You make the decision." This is an example of which service-quality gap?
Which of the following causes a difference between marketing in the developed countries and marketing in the developing countries?
A) The cost of production varies substantially between the developed and the developing world. B) The disparity between the rich and the poor in the developing world is reducing. C) There are substantial cultural differences between the developed and the developing world. D) Marketing in developing countries is far more expensive than in the developed world. E) The developing countries have more trade barriers in place than the developed countries.