Payments that Marcy would receive from Jenny for the sale of the mask are referred to as which of the following?
A) Profits
B) Receipts
C) Royalties
D) Payoffs
E) Illegal

Name: Payments that Marcy would receive from Jenny for the sale of the mask are referred to as which of the following? A) Profits B) Receipts C) Royalties D) Payoffs E) Illegal
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Question

Quizplus · Accepted Answer

In most cases, patents are licensed in exchange for the payment of royalties, a sum of money paid for each use of the patented process.

Payments That Marcy Would Receive from Jenny for the Sale