KO Marketing Company, a U.S. firm, signs a contract with Librador Corporacion, a Chilean firm, to give Librador the right to use Innovative's animation techniques and characters in product promotions. This is

a. a distribution agreement.
b. a joint venture.
c. direct exporting.
d. licensing.


d

Business

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The process of selling the assets, paying the liabilities, and distributing the remaining cash or other assets to the partners is known as ____________________

Fill in the blank(s) with correct word

Business

All the elements of misrepresentation and the fact that the misrepresentation was knowingly made with an intent to deceive, have to be established to prove ________.

A. fraud B. a unilateral mistake C. undue influence D. duress

Business

Generally accepted accounting principles require accrual-basis accounting

Indicate whether the statement is true or false

Business

This form of relationship within organizations is based on the commitment of parties to each other and the loyalty of shared values.

A. catastrophic relationship B. citizen relationship C. transactional relationship D. covenantal relationship

Business