Diabetic Daily Inc., based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan compan

Question

3 years ago

10

Diabetic Daily Inc., based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan compan

y, due to inadequate protection of intellectual property rights. Diabetic Daily Inc. is trying to avoid what type of risk

Biology

1 answer:

Mila [183] · Answer 1 · 2022-05-16T19:32:57+03:00

Answer:

Legal

Explanation:

Legal risk is basically a type of risk where the source or consequence is legal in nature. It is basically a risk that has a legal issue as its source and a legal issue is a set of facts that are assessed under a set of legal norms.

Hence, Diabetic Daily Inc., 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. Diabetic Daily Inc. is trying to avoid <u>legal</u> type of risk.