Fees that a multinational receives from a foreign licensee in return for its use of intellectual property (trademark, patent, trade secret, technology) are usually called
A)transfer prices.
B)dividends.
C)royalties.
D)intra-corporate inflows.

Question

Quizplus · Accepted Answer

Licensing enables a company to receive a royalty or fee in exchange for the right to use its trademark, patent, trade secret, or other valuable item of intellectual property.

Fees That a Multinational Receives from a Foreign Licensee in Return