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As defined in Chapter 1 of Technical Communication, inefficient documents can result from
Royalties
Payments made by one party (the licensee) to another (the licensor) for the right to use a particular property, typically intellectual property.
Foreign Subsidiary
A company that is owned or controlled by another company but is located in a country different from the parent company.
Management Fees
Fees paid for the professional management of assets or investment funds.
Foreign Subsidiary
A company that is partially or wholly owned by another company (parent company) but is based in a different country.
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