Johnston International, a U.S. firm, signs a contract with Irkut, Ltd., a Russian company, to give Irkut

Question:

Johnston International, a U.S. firm, signs a contract with Irkut, Ltd., a Russian company, to give Irkut the right to sell Johnston’s products in Russia. This is

a. a distribution agreement.

b. a subsidiary.

c. direct exporting.

d. licensing.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

See More Books

Question Posted: Feb 28, 2024 04:01 AM

See More Questions

Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
Let U=(1,2,3,4,5,6,7,8,9,10,11,12,13,14), M=(2,4,5,6,7), and N={9,10,11,12,13,14,15). Find MON. MON (Use ascending order. Use a comma to separate answers as needed.) =
Manufactured diamonds have become as big and virtually indistinguishable from the best natural diamonds (Dan Mitchell, "Fake Gems, Genuine Appeal," New York Times, June 21, 2008). Suppose consumers...
The information below was provided relative to the pension plan for Atlas Wholesale Company for the years 20112013. Instructions: 1. Compute the amount of net periodic pension expense for each of the...
If the guest had a credit balance in his account at the time of checkout, it has to be refunded to the guest through a __________
Shorts Manufacturing, Inc., has implemented lean manufacturing in its Kansas City plant as a pilot program. One of its value streams produces a family of small electric tools. The value stream team...
Below are three independent and unrelated errors. On December 31, 2020, Wolfe-Bache Corporation failed to accrue salaries expense of $1,500. In January 2021, when it paid employees for the December...
China, which governs Hong Kong, seizes the property of Mack Enterprises, Inc., a U.S. firm doing business in Hong Kong, without paying the owners just compensation. This is a. a confiscation. b....
Under a license, one party is allowed to use anothers patented product. (True/False)
Limit your attention to the most "recent" temperature data, (which we define as years 1990-2013), for NYC. Answer the following questions: a) For how many years during the recent period, did the...
On July 1, 2021, P Company borrowed P160,000 to purchase 80 percent of the outstanding common stock of S Company. This loan, carrying a 10 percent annual rate, is payable in 8 annual installments...
Case Analysis Strategic leaders, being at the highest level of an organization, are responsible for charting its path to success. They visualize an ideal picture of their enterprise in a futuristic...
3 Refrigerant-134a enters a adiabatic compressor at 100 kPa and -24C with a flow rate of 1.300 m/min and leaves at 800 kPa and 60C. Determine the mass flow rate of R-134a and the power input to the...
The following trial balance of Bramble Traveler Corporation does not balance. Bramble Traveler Corporation Trial Balance April 30, 2025 Debit Credit Cash $6,221 Accounts Receivable 5,350 Supplies...
From this analysis, we can see than the actual number of unit produced was actually less than the forecasted, yet the actual revenue gain from were greater than the forecasted one. This situation...
The interest rate for the first five years of a $27,000 mortgage loan was 7.25% compounded semiannually. The monthly payments computed for a 10-year amortization were rounded to the next higher $10....
Bonus shares can be issued out of revenue reserves. True/False?
Use truth tables to determine the validity or invalidity of the following arguments: If oil consumption continues to grow, then oil imports will increase and domestic oil reserves will be depleted....
If A , B , and C are true statements and X , Y , and Z are false statements, which of the following are true? (A X ) (B Y)
Use truth tables to decide which of the following biconditionals are tautologies. (p q) [(p q) = q]
Problem 12.6A (Algo) Liquidation of a partnership LO P5 Kendra, Cogley, and Mel share income and loss in a 3.21 ratio (in ratio form: Kendra, 3/6: Cogley, 2/6; and Mel, 1/6), The partners have...
Melody Property Limited owns a right to use land together with a building from 2000 to 2046, and the carrying amount of the property was $5 million with a revaluation surplus of $2 million at the end...
Famas Llamas has a weighted average cost of capital of 9.1 percent. The companys cost of equity is 12.6 percent, and its cost of debt is 7.2 percent. The tax rate is 25 percent. What is the companys...

Johnston International, a U.S. firm, signs a contract with Irkut, Ltd., a Russian company, to give Irkut

Question:

Step by Step Answer:

The answer is d licensing Heres why the other options are incorrect a distribution agreement While a ...View the full answer

Business Law Text And Exercises

Students also viewed these Social Science questions