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A Schedule of Payments Made by the Licensee to the Licensor

Question 95

Multiple Choice

A schedule of payments made by the licensee to the licensor, not connected with sales by the licensee, and made to ensure that the licensee will make reasonable efforts to produce, market, and sell the licensed product is known as:


A) Momentum royalties
B) Guaranteed considerations
C) Graduated royalties
D) Assurance agreement

Correct Answer:

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