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Reference - Scuba Diving

Question 57

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Reference - Scuba Diving. Marcy invented a new type of mask for scuba divers that was not subject to fogging. She agrees to allow Jenny to manufacture and sell the mask. She receives a sum of money for every mask that Jenny sells. Marcy also entered into an agreement with Frank to allow him to sell the masks but only if he also purchased non-patented diving suits from Marcy. All parties proceeded to do very well with their sales. 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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