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Intellectual Property Rights Are Valuable Assets That Can Be Licensed

question 49

True/False

Intellectual property rights are valuable assets that can be licensed to a foreign licensee as a means to penetrate a foreign market rather than establish a wholly owned subsidiary.

Manipulate macro design view, including adding, moving, and configuring actions.
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Definitions:

U.S. Constitution

The supreme law of the United States of America, establishing the framework of the national government and the rights of citizens.

Bill of Rights

The first ten amendments to the U.S. Constitution, guaranteeing fundamental rights and protections to American citizens.

Legal Persons

Entities that have legal rights and obligations, including the capability to own property, enter into contracts, and sue or be sued, can be either individuals or organizations such as corporations.

Personal Jurisdiction

The legal authority of a court over the parties to a lawsuit, based on their geographic or other relevant connections to the location where the court sits.

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