Question
I nd hlp on my homwork.: off Co. (the ompany) is a global distributor of halthy coff beans and teas that is rgistered with the
I nd hlp on my homwork.:
off Co. (the "ompany") is a global distributor of halthy coff beans and teas that is rgistered with the SE in the United States. The ompany's
oprations are primarily located in the United Stats, anada, and South America. In April 20X7, off o., looking to refocus efforts to only produce
coffee products, entered into an agreement (the "Agreement") with Nature's Beverage, a food distributor in the United States looking to expand its
International footprint (the "Transaction"). Natur's Beverage is registered with the SE in the United States.
Pursuant to the Agreement, off o. provided a sublicense to Nature's Bverage for the distribution rights of off o.'s South American local tea
brand, Hrbal T, whereby Natur's Beverage will distribute Herbal T in South America. Under the Agreement, offee Co. transferred the existing
customer contracts in South Amrica to Nature's Beverage and an at-market supply contract with the producer of Herbal T. Coff Co. retained all of
its employees and distribution capabilities.
The Transaction closed on April 1, 20X7 (the "Closing").
Question:
Dos th acquisition of the sublicnse by Natur's Bverage to distribut Hrbal T mt the definition of a businss?
What Ar the Issus? .What ar th altrnatives in respons to the issus?Explain how thse pronouncemnts apply or relate to the issus
Thanks!
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