To Avoid Development Costs, a U

Multiple Choice

To avoid development costs, a U.S. tennis racquet company forms a licensing agreement with a South African company, which allows the

A) U.S. company and the South African company to merge.
B) U.S. company to manufacture the racquets in South Africa.
C) South African company to have access to the technology used to make the racquets.
D) U.S. company and the South African company to combine their resources to make the racquets.