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vovikov84 [41]
1 year ago
6

licensing involves granting a foreign company the right to create a company's product within a foreign country in exchange for a

fee. which would not be considered a licensor?
Business
1 answer:
Slav-nsk [51]1 year ago
4 0

The licensor is the party granting intellectual property rights to another party. The licensee is the party that receives intellectual property rights from another party.

A licensor is a person or organization that officially authorizes another person or organization to create, perform, or possess something: A leading producer and licensee of game shows for television, the firm.

While the licensor is also given permission to utilize the intellectual property under the terms of this license, no third parties are allowed to benefit from these rights. These rights may only be used by the licensee and the licensee.

The business that offers access to its intellectual property through a licensing agreement is known as the licensor or property owner.

To learn more about the licensor

brainly.com/question/2795125

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