A Special Form of Licensing in Which One Company Grants

question 163

Multiple Choice

A special form of licensing in which one company grants another company the right to market its product in accordance with its standards in exchange for a financial commitment is called

• A) a joint venture.
• B) contract manufacturing.
• C) direct licensing.
• D) franchising.
• E) a strategic alliance.

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Definitions:

Administration Time

The specific time or period during which a medication or treatment is scheduled to be given.

Hepatitis B Immunoglobulin

An injection of antibodies used to prevent hepatitis B infection after exposure to the virus.

Vastus Lateralis

The largest and most external of the four quadriceps muscles, located on the side of the thigh, important for knee extension and stabilization.

Puncture-Proof Container

A type of container designed to safely store and dispose of sharp objects, such as needles, to prevent a puncture injury.