Which Term Refers to Compensation Under a Licensing Agreement

question 120

Multiple Choice

Which term refers to compensation under a licensing agreement?

• A) sales commission
• B) fixed amount
• C) sales percentage
• D) royalty

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Definitions:

Caution Signals

Signs that a buyer is neutral or skeptical toward what the salesperson says.

Agreement Signals

Non-verbal or verbal cues that indicate consensus or approval in a discussion or negotiation.

Nonverbal Communication

entails the transmission of messages or signals through a non-linguistic means, such as facial expressions, body language, and gestures.

Sales Transactions

The exchange of goods or services for money between a seller and a buyer, completing a sale.