The Tsingtao Brewing company pays a fee to Anheuser-Busch InBev for the right to brew and distribute Budweiser in China. Tsingtao is the licensor and the fee paid is a royalty.

Name: The Tsingtao Brewing company pays a fee to Anheuser-Busch InBev for the right to brew and distribute Budweiser in China. Tsingtao is the licensor and the fee paid is a royalty.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

In this licensing agreement, Tsingtao Brewing is the licensee and Anheuser-Busch InBev is the licensor. The fee paid is indeed the royalty.

The Tsingtao Brewing Company Pays a Fee to Anheuser-Busch InBev