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    The Fee Paid to a Firm in a Licensing Agreement
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The Fee Paid to a Firm in a Licensing Agreement

Question 91

Question 91

Multiple Choice

The fee paid to a firm in a licensing agreement that gives another firm the right to manufacture their product or use its trademark is called:


A) a joint venture.
B) an outsource agreement.
C) a royalty.
D) a licensee.

Correct Answer:

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