Which of the following represents the remuneration paid to the owners of technology,patents,or trade names for the use of that technology or the right to manufacture and/or sell products under those patents or trade names?

Question

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Royalties are payments made to the owner of a patent, technology or trade name for the use of that specific property. Trademarks and copyrights are different types of intellectual property protection, while transfer fees are charges associated with the transfer of assets, and not related to the use of patents, technologies or trade names.

Which of the Following Represents the Remuneration Paid to the Owners