Briefly Explain with an Example How in Global Licensing, a Licensor

question 43

Essay

Briefly explain with an example how in global licensing, a licensor may risk a loss of core capabilities.

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Definitions:

Materially False

Statements or representations that are significantly untrue or misleading, often in a legal or financial context.

Misrepresentation

The act of providing false or misleading statements that induce someone to enter into a contract.

Legal Misrepresentation

An untrue assertion of reality presented by one individual to another, resulting in the latter being persuaded to enter into an agreement.

Concealing

The act of hiding, covering, or keeping something secret, often with the intent to deceive or defraud.