When a Firm in One Country Allows a Firm in Another

question 46

Short Answer

When a firm in one country allows a firm in another country to use its patents,technology,trademark,or other expertise,the arrangement is called a(n)____________________ agreement.

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Definitions:

Intimate

In a business context, this refers to a close, personal, and detailed understanding of a customer's needs, wants, and preferences.

Personal

Relating to an individual or their private life, interests, or characteristics, often as distinct from their public or professional identity.

Social

Pertaining to society or its organization, often relating to human interaction and community.

Private

Pertaining to or intended for the use of an individual or group not accessible by the general public or outside the organization.