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A(n) ________ Is Established When One Party Licenses Another Party

Question 75

Multiple Choice

A(n) ________ is established when one party licenses another party to use the first party's trade name, trademarks, commercial symbols, patents, copyrights, and other property in the distribution and selling of goods and services.


A) proprietorship
B) franchise
C) implicit contract
D) general partnership

Correct Answer:

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