A graphic design firm and an advertising firm form a contractual alliance. In the first clause, they specify how decisions will be made, how profits will be split, and how disputes will be resolved. In the second clause, they specify how intellectual property will be shared and protected. Which category of issues does the second clause address?

Question

Quizplus · Accepted Answer

The second clause, regarding how intellectual property will be shared and protected, addresses operating issues related to the collaboration between the two firms.

A Graphic Design Firm and an Advertising Firm Form a Contractual