__________ is a form of international business through which a company pays a fee for the rights to manufacture or sell another firm's products.
A) A multi-company operation
B) An incorporated business
C) A joint venture
D) A licensing agreement
E) A management contract

Question

Quizplus · Accepted Answer

A licensing agreement is a legal arrangement where one company (the licensor) allows another (the licensee) to use its intellectual property, brand, or products for a fee, which is a common method for international business expansion.

__________ Is a Form of International Business Through Which a Company