A company is licensing its products when it

A company is licensing its products when it


A) pays a competitor a fee to stop the competitor from selling its products in the company's territory.

B) allows another company to pay it a fee to train its employees.

C) develops a strategic plan for another organization.

D) barters goods for goods in lieu of a monetary payment.

E) allows a foreign company to pay it a fee to make or distribute the first company's product or service.



Answer: E) allows a foreign company to pay it a fee to make or distribute the first company's product or service.


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