A simple international transaction that involves the transfer,usually for a limited time,of specific technology or intellectual property from one firm to another firm is known as a:

Question

Quizplus · Accepted Answer

This type of transaction is typically referred to as a licensing agreement, where one company grants another company the right to use its intellectual property or technology for a specified period of time in exchange for compensation. The other options listed do not accurately describe this type of transaction.

A Simple International Transaction That Involves the Transfer,usually for a Limited