Which of the Following Is NOT True About Licensing

question 28

Multiple Choice

Which of the following is NOT true about licensing?

• A) It involves slightly more risk to the licensee than licensor.
• B) The license fee could be based on a percentage of final sales revenue of the product,or the number of units sold.
• C) When a product is licensed,the foreign partner will use the licensor's patented technology as agreed to manufacture and sell products that meet the licensor's standards.
• D) Unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names.
• E) Licensing is the practice in which a company or individual provides the foreign partner with the technology to manufacture and sell products or services in a target country for an annual fee

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