How can a licensor prevent a licensee from using the licensed technology to compete with it directly?
A) by allowing the licensee to continue using the technology after the contract has expired
B) by limiting the licensee to selling only in the home country
C) by keeping the licensed technology unchanged
D) by cancelling the contractual agreement
B
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Which type of store is much larger than other stores and offers a wider range of products and services?
A) category killer B) specialty store C) factory outlet D) superstore E) off-price retailer
All of the following statements about the independent agency system are true EXCEPT
A) Agents are often authorized to adjust small claims. B) Agents are compensated on the basis of commissions. C) The insurer rather than the agent owns the renewal rights to the business. D) The agent is an independent business person who represents several insurers.