Tom is a very successful investment advisor representative and has decided that he is going to hire another investment adviser to him manage some of his client accounts. tom places about one third of his client accounts under the management of the new investment adviser and will share his advisor fee with the new investment manager. at the end of the year tom receives a complaint letter from one of his clients who was managed by the new investment adviser. the client is unsatisfied with the losses generated in her trust account. in this situation tom:

Moon flower cosmetics company executives are aware that their asian customer base is interested in advanced skin care treatments beyond moon flower's traditional herbal and organic compounds. moon flower and a large american chemical company are in discussions to create a 50-50 partnership in a new firm, which would create skin care treatments based on innovative chemical formulations that would be marketed both in asia and in the united states. beyond being a cross-border alliance, this partnership can be called a(n)a. nonequity strategic alliance. b. joint venture. c. horizontal complementary alliance. d. equity strategic alliance.