A Contractual Arrangement in Which One Firm Grants Access to Its

question 15

Multiple Choice

A contractual arrangement in which one firm grants access to its patents,trade secrets,or technology to another for a fee is a(n) :

• A)exporter.
• B)sales company.
• C)management contract.
• D)joint venture.
• E)license.

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Definitions:

Autonomy

The right or condition of self-government, or, in a personal sense, the ability to make decisions independently and to have control over one's own life.

Social Justice

The concept of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities, and privileges within a society.

Ethically Sound

Describes decisions, behaviors, or practices that are in alignment with accepted moral principles and ethical standards, demonstrating integrity and fairness.

Settlement

An official agreement intended to resolve a dispute or conflict, often involving the payment of compensation to one party by another.