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Which of the following function prototypes is valid?
Licensing
Permission to use another company’s trademarks, patents, copyrights, or expertise.
Wholly Owned Subsidiaries
Companies entirely owned by another company, allowing the parent company to have complete control over operations and decision-making.
Intellectual Property
Legal rights that protect creations of the mind, such as inventions, literary and artistic works, designs, symbols, and names used in commerce.
Licensing
The granting of a legal permission by one entity to another, allowing the latter to engage in an activity that is under the control or ownership of the former.
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