Intrepid Creations Is a Product Design Institute Which Provides Educational

question 56

Multiple Choice

Intrepid Creations is a product design institute which provides educational courses in package design. It manages to acquire the right to use simulation software from Marco Software for a payment of $2,000 a year. There is no clause of expiration on this arrangement and the right to access the software is renewed annually. Which of the following kinds of business arrangements does the aforementioned scenario indicate?

• A) a licensing arrangement
• B) a general partnership
• C) a limited partnership
• D) a franchise

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Definitions:

Sexual Offense

A legal term encompassing crimes involving unlawful, non-consensual, or abusive sexual conduct against another person.

Gender Dysphoria

A condition where an individual experiences discomfort or distress because there is a mismatch between their biological sex and gender identity.

Biological Sex

Biological sex refers to the physical characteristics—such as chromosomes, hormones, and reproductive organs—that classify an individual as male or female.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as the authoritative guide to the diagnosis of mental disorders.