Examlex

Solved

Which of the Following Is a Contractual Entry Mode in Which

question 49

Multiple Choice

Which of the following is a contractual entry mode in which a company owning intangible property grants another firm the right to use that property for a specified period of time?


Definitions:

Consciously Ratifies

The act of officially approving or confirming a decision or agreement with full awareness.

Ratified

Formally approved or confirmed, often in the context of contracts or agreements to signify official validation.

Information

Data or knowledge communicated or received concerning a particular fact or circumstance.

Principal

In legal and financial contexts, the original sum of money loaned or invested, before interest; in agency, the person or entity who authorizes an agent to act on their behalf.

Related Questions