Which of the Following Is True About Fair, Reasonable, and Nondiscriminatory

question 5

Multiple Choice

Which of the following is true about fair, reasonable, and nondiscriminatory (FRAND) licensing terms?

• A) FRAND licensing applies only in limited circumstances.
• B) FRAND licensing has curbed litigation in a meaningful way.
• C) FRAND licensing is not practiced in the U.S.
• D) None of the above.

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Definitions:

Creative Destruction

An economic theory that suggests that old industries or technologies are destroyed and replaced by new ones for economic growth and development.

Disruption

A significant disturbance or interruption to the normal flow or process, often leading to a need for adjustment or a new way of thinking.

Social Entrepreneurship

An approach to business where solving social problems and issues is as important as profitability, innovatively blending commercial and social objectives.

Enterprising Social Innovation

The creation and implementation of novel solutions to social problems that harness entrepreneurial principles to achieve sustainable, impactful change.