. A US-based software company, InnoTech, grants a license to a Chinese company, Dragon Tech, to distribute its innovative language translation software in China. The agreement stipulates that DragonTech will pay licensing fee upfront and ongoing royalties based on sales. Dragon Tech makes the initial payment but fails to remit royalties for several quarters InnoTech demands payment, but DragonTech claims the software is defective and not generating sufficient sales Inno Tech believes Dragon Tech is using the software but manipulating sales figures to avoid Royalty payments. They threaten legal action if the outstanding royalties are not paid Questions: 1) Did DragonTech breach the licensing agreement by failing to pay royalties? 2) Can Dragon Tech use the alleged software defects as a defense against paying royalties? 3) Which country's laws govern the dispute? 4) How does understanding business law create a level playing field and protect both businesses and consumers in the marketplace? 5) What factors should I consider when choosing a business structure (sole proprietorship, partnership, corporation) during company registration