Joanna has developed and patented a new process for recycling discarded tires. A multinational corporation has expressed an interest in buying her company in order to gain access to the technology and keep it exclusively for itself. Should Joanna sell her company, the buyer will have acquired technology via
A)acquisition of the technology owner.
B)a joint venture.
C)a licensing agreement.
D)contracted development.
E)purchase.

Question

Quizplus · Accepted Answer

If a company lacks a technology but wishes to acquire proprietary ownership, it might purchase the company that owns the technology. This transaction can take a number of forms, ranging from an outright purchase of the entire company to a minority interest sufficient to gain access to the technology.

Joanna Has Developed and Patented a New Process for Recycling