An Organization Forms an Alliance Contract

Multiple Choice

An organization forms an alliance contract. It specifies in detail the duties and obligations of each of the partners, how the profits are to be split by the partners, and the process by which disputes will be resolved. Which of the following clauses is likely to cover the duties and obligations of the partners, including warranties and minimum output levels required to satisfy the contract?

A) Residual rights clause
B) Voting rights clause
C) Performance clause
D) Dispute clause