In ________ agreements,partners work together without a binding agreement.This arrangement often takes the form of visits to exchange information about new products,processes,and technologies or may take the more formal form of the exchange of personnel for limited amounts of time.
A)informal cooperative
B)contractual agreement
C)joint venture
D)consortia
E)licensing

Question

Quizplus · Accepted Answer

The description specifically mentions that partners work together without a binding agreement, which fits the definition of an informal cooperative. The other options involve some form of contract or legal agreement, such as joint ventures, licensing, and consortia.

In ________ Agreements,partners Work Together Without a Binding Agreement