In a licensing agreement, the licensee provides ________.
A) the rights to use its industrial design
B) intellectual property, technical information, and assistance
C) a combination of down-payment plus royalty payments
D) the know-how and supporting products, such as raw materials and components

Question

Quizplus · Accepted Answer

In a licensing agreement, the licensee typically provides financial compensation to the licensor, which often includes a combination of an upfront down-payment and ongoing royalty payments based on sales or usage.

In a Licensing Agreement, the Licensee Provides ________