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6 Principals and agents around the world are generally free to make their own contract arrangements as there is little legislative activity to limit their

6 Principals and agents around the world are generally free to make their own contract arrangements as there is little legislative activity to limit their freedom of contract.

true or false

7 A Canadian company appointing a distributor in a foreign country has no responsibility for issues such as price maintenance, predatory pricing, and tied selling as this is a matter entirely within the responsibility of the distributor.

true or false

8 Parties to a negotiation process for an outsourcing contract are well advised to agree on a non-disclosure statement with no end date in order to fully protect the confidential information of the company during negotiations and afterward.

true or false

9 In a contractual or unincorporated joint venture, the parties have no liability for the actions of their joint venture partners

true or false

10 In a licensing agreement, there is a very real risk that the licensor will lose control of the trade secrets relating to its technology with the result that the licensee can take a "short-cut" to establishing effective competition to the licensor in the foreign market.

true or false

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