Under an international licensing agreement,a foreign licensee purchases the rights to produce a company's products and or use its technology in the licensee's country for a negotiated fee structure.

Question

Quizplus · Accepted Answer

Under an international licensing agreement, a foreign licensee does indeed purchase the rights to produce a company's products and/or use its technology in the licensee's country for a negotiated fee structure.

Under an International Licensing Agreement,a Foreign Licensee Purchases the Rights