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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 what type of risk

User Lostomato
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1 Answer

4 votes

Answer:

Legal

Step-by-step 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 legal type of risk.

User Jan De Dobbeleer
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