A Licensor May Retain Certain Markets for Himself While Allowing

question 30

Multiple Choice

A licensor may retain certain markets for himself while allowing the licensee to exploit the licensed technology everywhere else in the world.This provision is found in the:

• A)exclusive dealing clause.
• B)grant-back clause.
• C)territoriality principle.
• D)territorial restriction.

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Definitions:

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury; it is crucial in environments ranging from workplaces to public spaces to consumer products.

Self-actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone, and the highest level of Maslow's hierarchy of needs.

Personal

Relating to or affecting a particular person as opposed to anyone else; individual or private in nature.

Social

Pertaining to society or its organization; denotes the interaction of individuals within a community or groups.