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A(n) ________ Is an Arrangement Whereby Someone with a Proven

question 145

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A(n) ________ is an arrangement whereby someone with a proven idea for a business sells the rights to use the business model, to sell a product or service to others in a given territory.


Definitions:

Privacy

The right of individuals to keep their personal information confidential and control over the conditions under which this information is collected, used, or shared.

Beneficence

The ethical principle that entails acting in ways that promote the welfare and well-being of others.

Informed Consent

A vital process in healthcare and research, ensuring that a person is fully informed about, and understands, the risks and benefits of a procedure or participation before agreeing to it.

Fidelity

The ethical principle of loyalty, faithfulness, and honoring commitments, especially within professional duties.

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