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Uberholtz, a German Company, Has Granted Sistec, a Canadian Company

Question 132

Multiple Choice

Uberholtz, a German company, has granted Sistec, a Canadian company, the right to manufacture Uberholtz's product and use the Uberholtz trademark in return for a fee. What are the roles of the two companies?


A) Sistec is the franchisor; Uberholtz is the franchisee.
B) Sistec is the licensee; Uberholtz is the licensor.
C) Sistec is the licensor; Uberholtz is the licensee.
D) Uberholtz is the franchisee; Sistec is the franchisor.

Correct Answer:

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