GENERAL KNOWLEDGE

Detailed explanation-1: -The term teaching license is like a teaching credential, which means it allows the administration to appoint the candidate as a teacher in their school or college. In simple words, a license is a requisite for any teacher candidate to legally work as a teacher in any board of the education system.

Detailed explanation-2: -Licensing generally involves allowing another company to use patents, trademarks, copyrights, designs, and other intellectual in exchange for a percentage of revenue or a fee. It’s a fast way to generate income and grow a business, as there is no manufacturing or sales involved.

Detailed explanation-3: -Some examples of things that may be licensed include songs, sports team logos, intellectual property, software, and technology. Licensing agreements allow parties to control property and enter new markets without having to spend the money to do so.