The contracts by which the holder of intellectual property will grant certain rights in that property to a foreign firm under specified conditions and for a specified time are known as:

Question

Quizplus · Accepted Answer

International licensing agreements involve the holder of intellectual property granting certain rights to a foreign firm under specific conditions for a specified time, making it the best choice among the options provided. Protecting Intellectual rights Agreements and International Intellectual franchising are not specific enough to accurately describe this type of contract. Option D is incorrect since there is a specific term for this type of contract.

The Contracts by Which the Holder of Intellectual Property Will