The Type of Arrangement in Which the Licensor Permits the Licensee

question 39

Multiple Choice

The type of arrangement in which the licensor permits the licensee to sell certain goods under the licensor's trademark or logo is called:

• A) trademark lease agreement.
• B) shared benefit agreements.
• C) franchise agreement.
• D) none of these are correct.

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Definitions:

Restriction Enzymes

Proteins used by bacteria to cut DNA at specific sites, widely used in molecular biology for gene cloning.

Bacteria

Single-celled microorganisms that can exist either as independent organisms or as parasites, with some capable of causing diseases.

Viral DNA

The genetic material of a virus encoded in DNA rather than RNA, which the virus inserts into host cells to replicate and produce new viral particles.

Recombinant DNA

Composite DNA made in a laboratory by joining DNA fragments from multiple sources.