Multiple Choice
A nonequity strategic alliance exists when:
A) two firms join together to create a new company.
B) two or more firms have a contractual relationship to share resources and capabilities.
C) two partners in an alliance own unequal shares in the combined entity.
D) the partners agree to sell bonds instead of stock in order to finance a new venture.
Correct Answer:
Verified
Correct Answer:
Verified
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