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_____ Is a Legal Process Whereby a Firm Agrees to Let

Question 146

Multiple Choice

_____ is a legal process whereby a firm agrees to let another firm use its manufacturing process,trademarks,patents,trade secrets,or other proprietary knowledge in return for a fee or royalty.


A) A joint venture
B) Divestment
C) Licensing
D) A principal-agent agreement
E) A contract manufacturing arrangement

Correct Answer:

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