Business, 28.12.2019 05:31 jmiller2446

The management of vimonland theme park sells the proprietary rights of all the park rides to an investment company to operate one of its franchise in a foreign country. the investment company gains most of the profits from the newly established theme park while paying the management of vimonland theme park a percentage of its revenue as royalties. in this case, vimonland theme park is a
a. licensor
b. buyer for export
c. contract manufacturer
d. licensee

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The management of vimonland theme park sells the proprietary rights of all the park rides to an inve...