Which term refers to compensation under a licensing agreement?
A) sales commission
B) fixed amount
C) sales percentage
D) royalty

Name: Which term refers to compensation under a licensing agreement? A) sales commission B) fixed amount C) sales percentage D) royalty
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Royalty is the term used to refer to compensation under a licensing agreement, where the licensee pays the licensor a percentage of the revenue from the use of the licensed property.

Which Term Refers to Compensation Under a Licensing Agreement