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How will technology licensing benefit a small business?



 
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How will technology licensing benefit a small business? #1 (permalink) Wed Jul 29, 2009 16:10 pm   How will technology licensing benefit a small business?
 

Business English Lesson, Advanced Level

ESL/EFL Test #291 "Technology licensing", question 1

Technology licensing is a contractual arrangement in which the licensor's patents, trademarks, service marks, copyrights, trade secrets, or other ......... property may be sold or made available to a licensee for compensation that is negotiated in advance between the parties.

(a) corporate
(b) goodwill
(c) intellectual
(d) intransigent

Business English Lesson, Advanced Level

ESL/EFL Test #291 "Technology licensing", answer 1

Technology licensing is a contractual arrangement in which the licensor's patents, trademarks, service marks, copyrights, trade secrets, or other intellectual property may be sold or made available to a licensee for compensation that is negotiated in advance between the parties.

Correct answer: (c) intellectual
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