Which of the following is true of the price-fixing clause?
A) It is a provision forbidding a licensee from competing with the licensor.
B) It specifies only the minimum prices.
C) It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor.
D) It requires a licensee to sell products at a price specified by the licensor.

Question

Quizplus · Accepted Answer

The price-fixing clause requires a licensee to sell products at a price specified by the licensor. Option A is referring to non-compete clauses, Option B is incorrect because a price-fixing clause can specify both minimum and maximum prices, and Option C is referring to exclusive dealing clauses.

Which of the Following Is True of the Price-Fixing Clause