Ask Question
BusinessBusiness
22 October, 05:52

MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to inadequate protection of intellectual property rights. MedPlus is trying to avoid what type of risk?

+5
Answers (2)
  1. 22 October, 05:53
    0
    B) Legal

    Explanation:

    The legal risks that a company might face when engaging in international business are several and severe. For example, governing laws that regulate contracts are not the same for every country. Many countries have a very poor record in enforcing legal rights to both their citizens and foreign companies. Political instability may result in serious risks since sometimes a new government results in completely different laws.
  2. 22 October, 06:19
    0
    Legal Risk

    Explanation:

    Legal risk are damage, financial, reputational losses or any other form of loss received by a business due to negligence in compliance with the law related to the business. They are prospective fines or loses that a business or an organization receives for not complying with the business law and regulations.

    In this case, the prospective loss could come by associating with Azpak limited which have inadequate protection of intellectual property rights.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following statements regarding life insurance needs is / are correct? 1. The human life value approach looks forward for information. 2. The capitalization of income approach looks at right now only for information. 3.
Answers (1)
Standard Hours Allowed; Flexible Budgeting; Multiple Products (LO 11-1, 11-2) Evening Star, Inc. produces binoculars of two quality levels: field and professional.
Answers (1)
Monn Company, a producer of fine liqueurs, has earnings and common stock dividends have been growing at an annual rate of 4 percent over the past several years. The firm currently (t = 0) pays an annual dividend of $4.00.
Answers (1)
One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in the short run, a. the size of the factory is fixed. b. output is not variable. c.
Answers (1)
Which of the following is not a required deduction?
Answers (2)
New Questions in Business
That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement
Answers (1)
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.
Answers (1)
Suppose during 2014 that Federal Express reported the following information (in millions) : net sales of $35,497 and net income of $98.
Answers (2)
During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.
Answers (2)
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).
Answers (1)
Home » Business » MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to inadequate protection of intellectual property rights. MedPlus is trying to avoid what type of risk?
Sign Up Forgot Password?