A cross-border contractual relationship, which is governed by an explicit contract, provides the focal firm with ________ over the foreign partner.
A) a low level of control
B) a moderate level of control
C) a high level of control
D) seldom any control

Question

Quizplus · Accepted Answer

An explicit contract in a cross-border contractual relationship typically provides the focal firm with a moderate level of control over the foreign partner. This is because while the contract outlines the terms of the relationship and responsibilities of each party, there are limitations to how much control can be exerted, especially given the complexities of international law and enforcement across borders.

A Cross-Border Contractual Relationship, Which Is Governed by an Explicit