Under a cross-licensing agreement, a firm can either request a royalty payment or license some valuable intangible property to a foreign partner

Indicate whether the statement is true or false.

FALSE
Under a cross-licensing agreement, a firm might license some valuable intangible property to a foreign partner, but in addition to a royalty payment, the firm might also request that the foreign partner license some of its valuable know-how to the firm.

Business

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Issues are stated as questions because they ________

A) reduce the complexity of the situation B) are a call for action C) are clearly defined and not open to interpretations D) speed up the legal process

Business

A buyer is not obligated to accept conforming goods and to pay for them according to the contract terms

Indicate whether the statement is true or false

Business