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A Resident Buying Office Is

Question 14

Multiple Choice

A resident buying office is:


A) a business that buys and sells products in many countries,either in its own name,or as an agent for its buyer-seller clients.
B) a firm in an overseas distribution network selling noncompetitive products made by other firms.
C) a government-owned or business-owned facility set up in a foreign country to buy products that are made there.
D) formed by an agreement where a licenser gives a foreign licensee the right to use a patent,trademark,copyright,technology,and products in return for a percentage of the licensee's sales or profits.

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