What are two of the primary responsibilities of a foreign distributor?

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What are two of the primary responsibilities of a foreign distributor?

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Answer 1

Answer #1

The Primary or Mandatory responsibilities of a Foreign Distributor are as follows,

1. Obeying the business laws of the country as international distributor agreement contract before enter in to the market, And also absorb all credit risk and tax liabilities in the country.

2. Licensing certain rights like trademark or manufacturing rights.

3. Distributor need to monitor the market like competing products, intellectual property infringement.

4. Distributor need to provide with detailed market and financial performance data.

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Answer 2

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