Licensing Refers to a Contractual Agreement in Which the Licensor

question 30

True/False

Licensing refers to a contractual agreement in which the licensor grants access to its patents, trade secrets, or technology for a fee paid by the licensee.

---

Definitions:

Privacy Term

A concept or condition related to the protection of personal information from unauthorized access or disclosure.

Political Term

A word or phrase that is commonly used in the context of governmental, political, or public affairs.

Informed Consent

The process by which a fully informed individual voluntarily agrees to participate in a particular course of action, after understanding the potential risks, benefits, and alternatives.

Veracity

Adherence to the truth; a principle in healthcare focusing on honesty and accuracy in interactions between patients and healthcare professionals.