If a Technology Transfer Agreement Is Interpreted Under Local Law

Multiple Choice

If a technology transfer agreement is interpreted under local law as a "sale" rather than as a temporary "lease," then:

A) The licensor will make far greater profits on a sale than under a lease.
B) At the end of the term of the agreement, the licensor will lose rights in the technology in the foreign country.
C) The licensee will be free to resell the technology to firms in other countries during the time the agreement is in effect.
D) Royalty payments will not be permitted to be made.