Examlex
Reference - Scuba Diving. Marcy invented a new type of mask for scuba divers that was not subject to fogging. She agrees to allow Jenny to manufacture and sell the mask. She receives a sum of money for every mask that Jenny sells. Marcy also entered into an agreement with Frank to allow him to sell the masks but only if he also purchased non-patented diving suits from Marcy. All parties proceeded to do very well with their sales. Marcy's agreement with Jenny allowing Jenny to sell the mask is referred to as which of the following?
Franchise
A license to sell another’s products or to use another’s name in business, or both.
Collateral
An asset pledged as security for the repayment of a loan, forfeitable in case of default.
Q12: Peremptory challenges in jury selection may not
Q13: Constance was buying a used personal watercraft
Q19: Crimes are prosecuted by the government, not
Q19: Under Article _ of the UCC, an
Q23: When acceptance is examined under the common
Q27: In general, China punishes government officials convicted
Q36: Which of the following are common classifications
Q38: Reference - Disappointed Applicant. Polly, who had
Q83: Which of the following sets forth the
Q87: Which of the following is an example