The arrangement by which Harley Davidson would allow Portland Clothing to use the Harley logo on its clothes is known as a(n)________.
A)direct investment
B)license agreement
C)joint venture
D)international market agreement
E)multinational corporation

Question

Quizplus · Accepted Answer

This arrangement is known as a license agreement, where one company (Harley Davidson) allows another (Portland Clothing) to use its brand, logo, or intellectual property in exchange for a fee or royalties.

The Arrangement by Which Harley Davidson Would Allow Portland Clothing