Joint ventures can be between two competitors and they may subject to _______filing requirements because the parties to the JV are viewed as acquires and the JV is a potential target.

	A.	DOJ
	B.	Hart -Scott - Rodino
	C.	SEC
	D.	Hypothetical monopolist test

Match the following on business alliances:

- A. B. C. D. E. F. G.	Joint ventures
- A. B. C. D. E. F. G.	Strategic alliances (e.g. technology transfer,R&D sharing,and cross marketing)
- A. B. C. D. E. F. G.	Equity partnerships
- A. B. C. D. E. F. G.	Licensing (Product, Process, Merchandise, Trademark)
- A. B. C. D. E. F. G.	Franchising alliances
- A. B. C. D. E. F. G.	Network alliances
- A. B. C. D. E. F. G.	Exclusive Agreements

A.	A network of alliances in which partners are linked by licensing agreements and often grant exclusive rights to sell or distribute goods or services in specific geographic areas or markets
B.	Interconnecting alliances among companies cross international and industrial boundariesand may involve companies collaborating in one market while competing in others
C.	Have all the characteristics of an alliance, involve making a minority investment in the other party, and that minority investment may have an option to buy a larger stake in the other party
D.	Patent, trademark,or copyright licensed in exchange for a royalty fee, and generally there is no sharing of risk or reward
E.	Usually involve rights for manufacturing or marketing specific products or services, and each party benefits from specific skills or assets the other party brings to the relationship
F.	Independent legal entity involving two or more parties and may be organized as a corporation, partnership,or other legal/business organization selected by the parties
G.	Do not involve the formation of separate legal entities and may be a precursor to a joint venture, partnership, or acquisition

Which of the following are commonly used to finance international M&A transactions?

	A.	The acquirer's home country capital markets
	B.	Capital markets in a third country
	C.	The target's local capital markets
	D.	All of the above

Which of the following is not true of a spin-off?

	A.	All of the above
	B.	Change in equity ownership of the spin-off
	C.	Creates cash infusion for parent
	D.	New shares issued to the public

What is a major disadvantage of C Corporation in the legal forms that are applicable to the business alliances?

	A.	Maximum of 100shareholders
	B.	Double taxation
	C.	Partnership interests are illiquid
	D.	Lacks close coordination