QUESTION 15 Global Fashion, Inc., a U.S. firm, and Haute Couture, a Haitian firm, are parties to a contract that specifies what court, jurisdiction, or tribunal would decide any dispute arising under the contract. This is O a. a choice-of-forum clause. b. a choice-of-language clause. O c. an arbitration clause, O d. a choice-of-law clause, QUESTION 16 Optima Medico Corporation, a U.S. firm, signs a contract with Pharma Beneficial, Ltd., a Canadian firm, to give Pharma the right to sell Optima's products in Canada. This is a. a distribution agreement. b. licensing O c. direct exporting. O d. a joint venture. QUESTION 17 World Media, Inc., a U.S. firm, cxpands into international markets through a joint venture. In the venture, World Media shares responsibilities and O a. the profits, but not the liabilities. O b. none of the profits or liabilities. O c. the liabilities, but not the profits. O d. both the profits and liabilities