Agreement between two parties where in one gives rights to use their intangible property to another entity is called as

Name: Agreement between two parties where in one gives rights to use their intangible property to another entity is called as
Brand: Quizplus
Rating: 4.7 (56 reviews)

Question

Quizplus · Accepted Answer

Licensing is the agreement where one party (the licensor) allows another (the licensee) to use its intangible property, such as patents, trademarks, copyrights, brand names, or business techniques, under agreed terms and conditions.

Agreement Between Two Parties Where in One Gives Rights to Use