Examlex
Finish this statement: Without local commitment, no global program will_______.
Royalty
A payment made to the owner of certain types of rights, such as patents or copyrights, for the use of their property by others.
Licensing
The granting of permission by the owner of a product or service to another party to use the product or service under specified conditions.
Financial Liability
Any kind of obligation or responsibility to pay money to another party, including loans, accounts payable, and mortgages.
Intellectual Property
Legal rights that are granted to inventors and creators over their inventions, designs, and artistic works.
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