According to the Text,licensing Agreements Usually Stipulate That a Royalty

question 78

Multiple Choice

According to the text,licensing agreements usually stipulate that a royalty of __________ be paid to the licensor.

• A)2 to 5 percent of profits
• B)2 to 5 percent of sales
• C)5 to 7 percent of profits
• D)5 to 7 percent of sales
• E)8 to 10 percent of sales