Which of the following costs is covered under the licensing agreement?

Name: Which of the following costs is covered under the licensing agreement?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Transfer costs are covered under a licensing agreement. Transfer costs include the costs associated with transferring the licensed technology, such as shipping or training costs. Switching costs and sunk costs are not covered under a licensing agreement. Fixed costs may or may not be covered, depending on the specific terms of the agreement.

Which of the Following Costs Is Covered Under the Licensing