Respuesta :
In exchange for a royalty on each pair of shoes sold, Speedy Sneakers has granted a foreign company the right to manufacture and market its running shoes. We refer to this as fraudulent licensing.
A foreign entity is one that has previously been incorporated in another area, state, or country. A foreign entity is any corporation, business production, partnership, trust, society, or other entity or group that is not incorporated or organized to conduct business in the United States, in addition to international institutions, foreign governments, and any agency or division of foreign governments. A company that conducts business abroad is referred to as a foreign corporation.
Foreign entity:
The idea of a remote, even foreign entity had many components prior to the American Civil War. The national government's control over the states, the way the South lived, and many other factors were the reasons of the idea, for instance how slavery and state rights had been inextricably linked to one another until 186.
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