Through Confidentiality Clauses,a Licensor May Wish to Ensure That the Licensees

question 35

True/False

Through confidentiality clauses,a licensor may wish to ensure that the licensees do not use or disclose technology after an agreement ends.

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Definitions:

Journal

A chronological record of all business transactions, used to transfer information to the general ledger.

Prepaid Insurance

Expenses paid in advance for insurance coverages that extend beyond the current accounting period.

Posting References

Codes or numbers used to track the transfer of information from journals to ledgers in the accounting process.

Cash

A form of currency that companies and individuals use for transactions or to settle debts.