By pursuing a joint venture entry strategy, a company can limit its financial risk as well as its exposure to political uncertainty

Indicate whether the statement is true or false

FALSE

Business

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Nintendo was fined nearly $150 million after it was determined that the video game company had colluded with European distributors

The distributors in countries with lower retail prices had agreed not to sell to retailers in countries with high prices. This is a classic example of: A) price skimming. B) market penetration. C) price bundling. D) price fixing. E) transfer pricing.

Business

Based on the statute of frauds, which of the following contracts is orally enforceable?

A) a contract by the administrator of Harold's estate to personally pay Harold's outstanding debt if the estate cannot B) a contract by an athlete to endorse a company's products for three years C) a contract between two parties to sell goods worth $5,000 D) a contract to provide medical help to a person till the person dies

Business