The granting of permission by one company to another company to use a specific form of its intellectual property under clearly defined conditions is referred to as:
A) verifying
B) confirming
C) endorsing
D) licensing
E) certifying

Question

Quizplus · Accepted Answer

The granting of permission by one company to another company to use a specific form of its intellectual property under clearly defined conditions is referred to as licensing. Verifying, confirming, endorsing, and certifying do not specifically relate to the granting of permission to use intellectual property.

The Granting of Permission by One Company to Another Company