Which type of a contract can be adopted in case of a domestic firm granting a foreign firm the means to produce and sell its product?

Name: Which type of a contract can be adopted in case of a domestic firm granting a foreign firm the means to produce and sell its product?
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Question

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In appropriate circumstances, a domestic firm may choose to grant a foreign firm the means to produce and sell its product. The typical method for controlling these transfers of information is the license or franchise contract.

Which Type of a Contract Can Be Adopted in Case