[Purchase][South Korea] Mikoyan-Gurevich MiG-29

[JamieA]

Product Type	Vehicle Production
Country	South Korea
Product Name	Mikoyan-Gurevich MiG-29
Product Quantity	200
Unit Cost	11,991,632.65
On the Catalogue?	Yes
Private / Encrypted?	No
Completion Date	Sun, 19 Jun 2022
Total Cost	2,398,326,530.00
Product Information	Operator - North Korea

 

[Odinson]

⌈ NATIONAL ECONOMICS ⌋ Validated

QUALITY ASSURANCE PASSED​

 

[Alex]

Production blocked by the Russian government.

 

[JamieA]

With Russia not owning any shares in United Aircraft Corporation who own MIKOYAN-GUREVICH, therefore production would continue as planned

 

[Alex]

Since Russia had the right to block as Sparrow did not own majority, the production would remain blocked. Russia would recommend purchasing directly from either Russia or Sparrow.

 

[JamieA]

As Sparrow owns 50% which is the majority, the production would continue.

 

[Connor]

⌈ ROLEPLAY NOTICE ⌋

JamieA and Alex,

A support ticket has been raised prompting this response, any further dispute should be raised via the support ticketing system and not posted in this thread.

The produced Mikoyan-Gurevich MiG-29 is a product of Russian origin, manufactured by Mikoyan which is a subsidiary of United Aircraft Corporation. Sparrow Industries remain the only shareholder of United Aircraft Corporation with 50% ownership and the subsidiary, Mikoyan, has no independently sold stock.

I have consulted with the above made counter-posts, the comments made within the support ticket, the Roleplay Rules and the Stock Market and Shareholders rulesets; from this I have concluded that this production is valid on the basis that Sparrow Industries remains the majority shareholder in the umbrella company thus having full rights to the product. At present Russia does not have independently purchased rights to the product, manufacturer or umbrella company making their nation origin rights redundant and essentially relegating the state to an operator. This is covered in Roleplay Rules: Economy section 1.

Regards,
Connor
ModernNations Staff Team

 

[Alex]

With Russia now having purchased the other 50% of United Aircraft Corporation, production would be blocked.

 

[Jamie]

⌈ NATIONAL ECONOMICS ⌋ Invoiced

THIS THREAD HAS BEEN MOVED​