Alliance agreements must be flexible enough to be revised when necessary and contain mechanisms for breaking deadlocks, transferring ownership interests, and dealing with the potential for termination.

Question

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Alliance agreements should be designed with the understanding that circumstances and conditions may change over time, and therefore, provisions should be in place to handle potential issues such as commercial conflicts, ownership transfers, or even termination. This makes alliances more effective in the long term.

Alliance Agreements Must Be Flexible Enough to Be Revised When