When a licensing agreement is made,

A. the licensee receives expertise from another company.
B. the licensor is a foreign government which grants the license.
C. the licensor pays to receive assistance from the licensee.
D. the licensee obtains permission from the government to do business in a foreign country.


Answer: A

Business

You might also like to view...

______________ generally result(s) in greater economic pressure on the target nation.

a. Unilateral sanctions b. Multilateral sanctions c. International ostracism d. Financial sanctions

Business

Which of the following is the most severe?

a. Material weaknesses in internal control. b. Significant deficiencies in internal control. c. Operational deficiencies in internal control. d. Each is equally severe because it could result in inaccuracies in financial reporting.

Business

Fraud is common in:

a. Divorces b. Bankruptcies c. Both a and b d. Neither a nor b

Business

Which of the following is NOT true when it comes to conducting your interview?

a. Arrive on time b. Don’t disclose too much about your topic c. Stop the interviewee from taking the interview in a direction that is not relevant to your topic d. Ask open questions whenever possible

Business