Under a cross-licensing agreement,a firm is not likely to license some valuable intangible property to a foreign partner.

Question

Quizplus · Accepted Answer

Under a cross-licensing agreement, both parties agree to license their respective intangible property to each other. Therefore, it is likely that a firm would license their valuable intangible property to a foreign partner in exchange for access to their partner's valuable intangible property.

Under a Cross-Licensing Agreement,a Firm Is Not Likely to License