Licensing agreements reduce the risk for manufacturers and sometimes even remove the requirement for a manufacturer to produce its own product.

Answer the following statement true (T) or false (F)


True

Business

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________ aims to convince current purchasers that they made the right choice

A) Persuasive advertising B) Informational advertising C) Reinforcement advertising D) Reminder advertising E) Comparative advertising

Business

YouKnow Inc. is a corporation that creates educational resources. It grants Middlewest Public School the right to exclusively use its online encyclopedias for three years, for a fee. In this arrangement, YouKnow Inc. is the ________

A) donor B) trustee C) grantor D) licensor

Business

If you purchase a stock put, the put allows you to

A) buy stock at a stated price. B) buy stock at the current market price. C) sell stock at a stated price. D) sell stock at the current market price.

Business

When working with a person who appears to be neurotic (low emotional stability), it is best to be laid back and reassuring

Indicate whether the statement is true or false.

Business