A USLicensor Will Be Most Successful in Maintaining Effective Control Over

question 44

Multiple Choice

 A U.S.licensor will be most successful in maintaining effective control over licensees and preventing them from voiding the licensor's contract by:

• A)​using lawyers from both countries to write the licensing agreement.
• B)insisting that all licensees have a published code of ethics.
• C)receiving all the revenue earned by the licensees.
• D)​locally registering patents and trademarks to the U.S. firm and not to the licensees.

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Definitions:

Widow

A woman who has lost her spouse by death and has not remarried.

Concentrate

To focus one's attention or mental effort on a specific object, task, or activity.

Sleeping

The natural state of rest characterized by altered consciousness, relatively inhibited sensory activity, and reduced muscle activity, vital for health and well-being.

Mortality

The state of being mortal or the incidence of death within a specific population or demographic.