A Major Advantage of Licensing Is

question 39

Multiple Choice

A major advantage of licensing is

• A) these arrangements almost always lead to a joint venture.
• B) the bulk of the revenues gained by the licensee come back to the licensor.
• C) your company name does not need to be associated with the product in a foreign country.
• D) very little cost to the licensor.

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Definitions:

Lymph Duct

A large vessel in the lymphatic system that drains lymph from various parts of the body back into the blood circulation.

Red Pulp

Tissue in the spleen composed of sinuses filled with blood, responsible for filtering out old or damaged blood cells.

White Pulp

Lymphatic tissue in the spleen composed mainly of lymphocytes and macrophages, involved in filtering blood and immune response.

Nasopharynx

The upper section of the throat behind the nose, which connects the nasal cavity to the oropharynx and plays a role in breathing and speech.