A U.S.licensor will be most successful in maintaining effective control over licensees and preventing them from voiding its contract by:
A)using lawyers from both countries to write the licensing agreement.
B)insisting that all licensees have a published code of ethics.
C)not allowing the licensee to pay a fee for the use of proprietary knowledge.
D)locally registering patents and trademarks to the U.S.firm and not to the licensee.

Question

Quizplus · Accepted Answer

Locally registering patents and trademarks to the U.S. firm and not to the licensee is the most effective way to maintain control over licensees and prevent them from voiding the contract. By registering the intellectual property locally, the U.S. firm retains ownership and control, and the licensee is legally bound to adhere to the terms of the licensing agreement. The other options may be helpful in maintaining control to a certain extent, but they are not as effective as local registration.

A USLicensor Will Be Most Successful in Maintaining Effective Control Over