Which of the Following Is a Term Used to Describe

question 19

Multiple Choice

Which of the following is a term used to describe a formal transfer of rights to use technology from the developer to another party?

• A) copyright shift
• B) patent transfer
• C) technology transfer
• D) technology substitution

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Definitions:

Legal Rules

Principles or guidelines established by authority, society, or custom, which are enforceable through legal institutions.

Foreign

Related to or originating from a country different from the one being referred to, often implies external or outside influence or components.

Alien Corporations

Companies that are incorporated in one country but do business in another.

Professional Corporation Acts

Specific laws enacted to regulate the formation and operation of corporations providing professional services, like legal or medical practices.