If a Technology Transfer Agreement Is Interpreted Under Local Law

question 13

Multiple Choice

If a technology transfer agreement is interpreted under local law as a "sale" rather than as a temporary "lease," then:

• A) The licensor will make far greater profits on a sale than under a lease.
• B) At the end of the term of the agreement, the licensor will lose rights in the technology in the foreign country.
• C) The licensee will be free to resell the technology to firms in other countries during the time the agreement is in effect.
• D) Royalty payments will not be permitted to be made.

---

Definitions:

Genetic Engineering

The direct manipulation of an organism's genes using biotechnology to modify its characteristics, often to enhance its performance or suitability for a particular purpose.

Natural Selection

A process in biological evolution where organisms with traits better suited to their environment are more likely to survive and reproduce.

Mean Coloration

A statistical average of the colors within a specific area, often used in studies of animal coloration, camouflage, or ecological monitoring.

Snail Shells

Hard, protective external skeletons built by snails, offering shelter and defense against predators, composed mainly of calcium carbonate.