The _____ is a fundamental provision found in most licensing contracts which indicates the precise scope of the license.

Question

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The granting clause indicates the precise scope of the license.It generally describes in great detail exactly what rights are to be transferred.It should explain whether the license is exclusive (the licensor cannot license the technology to others in the licensee's territory)or nonexclusive.The granting clause also may determine whether the licensee may grant sublicenses in the technology.

The _____ Is a Fundamental Provision Found in Most Licensing