As a way to enter foreign markets, ________ refers to selling the right to use some process, trademark, patent, or other right for a fee.
A. direct investment
B. joint venture
C. exporting
D. management contracting
E. licensing
Answer: E
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Borrowers who default are more likely to seek loans than the borrowers who don't default. This is an example of
A. irrational expectations. B. rent-seeking behavior. C. moral hazard. D. adverse selection.
For a manufacturer, the final customer is part of the supply chain and customer service is part of the value chain
Indicate whether the statement is true or false
Which act requires employers of more than 100 workers to grant 60 days' written notice before closing a plant or before laying off more than one-third of a workforce in excess of 150 people?
A. The Employment Discrimination Act B. The Worker Adjustment and Retraining Notification Act C. The Riot Act D. The Federal Employers Liability Act
Personal property may become real property by attaching it to real property
Indicate whether the statement is true or false