Teal Inc Forms a Strategic Alliance with White Corp

Multiple Choice

Teal Inc. forms a strategic alliance with White Corp. In their contract, they specify how governance issues, operating issues, and termination issues would be resolved. Which of the following is likely to be covered under the clause that deals with governance issues?

A) What performance is expected by Teal and White from each other
B) How intellectual property will be shared by Teal and White
C) Under which circumstances Teal or White can exit the alliance
D) How profits will be split between Teal and White