The worlds seven principal manufacturers of widgets have entered into an agreement to exchange with each other
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The world’s seven principal manufacturers of widgets have entered into an agreement to exchange with each other for a period of seven years all of their patents, petty patents, and know-how, and to enter into jointly funded research and development activities to improve widgets. Is this agreement enforceable? Explain. Would it matter if all of the participants were located in the EU? Japan? the United States?
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Enforceability of the Widget Manufacturer Agreement The enforceability of the agreement depends on several factorsincluding the specific termsapplicab...View the full answer
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Related Book For 
International Business Law Text Cases And Readings
ISBN: 9780273768616
6th International Edition
Authors: Ray A. August, Don Mayer, Michael Bixby
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