COMPUTER SOFTWARE
SYSTEM SOFTWARE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Official rules of rights to a program
|
|
|
A way to identify a program
|
|
|
Car license plate attachment
|
|
|
A form of coding
|
Detailed explanation-1: -A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
Detailed explanation-2: -Copyright. Explanation: Copyright can be defined as the legitimate right of the person to the non-physical asset.
Detailed explanation-3: -What Is a Licensing Agreement? The term licensing agreement refers to a legal, written contract between two parties wherein the property owner gives permission to another party to use their brand, patent, or trademark.
Detailed explanation-4: -A licensing agreement can be a profitable option for solo entrepreneurs, inventors and many business owners. Licensing is essentially an agreement between you (the licensor) and another party (the licensee) to take your product to market. In return, you receive either a lump sum or royalty payments for each item sold.