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
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 a combination of a down-payment plus royalty to the licensor in exchange for the rights to use the licensor's intellectual property.

In a Licensing Agreement, the Licensee Provides ________