Which of the following is true about licensing?
A)It is a bad option for products that are difficult to produce.
B)It refers to the transfer of trademark rights held by one party to another party.
C)It allows owners of intellectual property to obtain payment for their creations in a lump sum.
D)It involves the legal assignment of the rights to a product from one party to another.
E)It is a method of protecting the brand name and logo of a company.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true about licensing?
A)It is a bad option for products that are difficult to produce.
B)It refers to the transfer of trademark rights held by one party to another party.
C)It allows owners of intellectual property to obtain payment for their creations in a lump sum.
D)It involves the legal assignment of the rights to a product from one party to another.
E)It is a method of protecting the brand name and logo of a company.

Which of the Following Is True About Licensing