Examlex
Licensing is a contractual agreement whereby one company (the licensor)makes a legally protected asset available to another company (the licensee)in exchange for royalties,license fees,or some other form of compensation.
Specific Performance
An order by a court to a breaching party that it live up to the terms of an agreement.
Famous Painting
A widely recognized and highly valued piece of art, acknowledged for its historical, cultural, or aesthetic significance.
Medical Services
Professional health care services provided by doctors, nurses, and other health professionals to diagnose, treat, and prevent illness.
Implied Term
A condition or element not expressly mentioned in a contract but assumed to be included by virtue of the nature of the agreement or the circumstances under which it was made.
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