A Licensing Agreement Involves

question 196

Multiple Choice

A licensing agreement involves:

• A) a cooperative form of organization where local owners and foreign owners work together
• B) a business arrangement where the foreign owner has complete ownership interest in the manufacturing facilities
• C) a business arrangement where the local government and the foreign owner work together
• D) a contractual arrangement where one business grants another business access to its patents or other technologies
• E) a oral agreement between a local official and a foreign business where the two parties agree to share information about the local business environment

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