In respect of international business, a project is called a turnkey project because:
| A. | The licensee agrees to construct an entire plant in his home county and hands over the key. |
| B. | The licensor starts the operation and hands over the key of the operating plant to the licensee. |
| C. | The licensor starts the operation and then invites the licensee and hands over the key to complete the remaining work. |
| D. | The licensor and the licensee jointly carry out the project and agree; to share profit equally. |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
