Business, 06.05.2020 02:21 makiahlynn3642

Which of the following is NOT true about licensing? a. The license fee could be based on a percentage of final sales revenue of the product, or the number of units sold. b. Unscrupulous licensees have been known to manufacture licensed products and sell them under different brand names. c. When a product is licensed, the foreign partner will use the licensor’s patented technology as agreed to manufacture and sell products that meet the licensor’s standards. d. Licensing is the practice in which a company or individual provides the foreign partner with the technology to manufacture and sell products or services in a target country for an annual fee e. It involves slightly more risk to the licensee than licensor.

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Which of the following is NOT true about licensing? a. The license fee could be based on a percentag...