A Licensing Agreement Involves

A licensing agreement involves:

A) a cooperative form of organization where local owners and foreign owners work together
B) a business arrangement where the foreign owner has complete ownership interest in the manufacturing facilities
C) a business arrangement where the local government and the foreign owner work together
D) a contractual arrangement where one business grants another business access to its patents or other technologies
E) a oral agreement between a local official and a foreign business where the two parties agree to share information about the local business environment