MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan company, due to inadequate protection of intellectual property rights. MedPlus is trying to avoid what type of risk?
A)Political
B)Legal
C)Ethical
D)Economic
E)Ethnographic

Question

Quizplus · Accepted Answer

When legal risks in a country are high, an international business might hesitate entering into a long-term contract or joint-venture agreement with a firm in that country.

MedPlus Incorporated, Based in the United States, Hesitates to Enter