Which of the Following Is True of Licensing as a Mode

question 21

Multiple Choice

Which of the following is true of licensing as a mode of entry into foreign markets?

• A) A licensor grants the rights to tangible property to a licensee.
• B) A licensing agreement grants rights to intangible property to a licensee for an unspecified period.
• C) The licensor receives a royalty fee from the licensee.
• D) The licensor puts up all of the capital necessary to start a business.
• E) The licensor maintains control over its technological know-how.