Asked by

Yanelli Rodriguez
on Nov 21, 2024

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Payments that Felicia would receive from Mei for the sale of the mask are referred to as which of the following?

A) Profits
B) Receipts
C) Royalties
D) Payoffs
E) Illegal

Royalties

Payments made by one party (the licensee) to another (the licensor) for the use of the latter's property, usually intellectual property or natural resources.

Scuba Diving

An underwater diving activity where the diver uses a self-contained underwater breathing apparatus to explore beneath the surface of the water.

Patent

An exclusive right granted for an invention, which allows the patent holder to exclude others from making, using, selling, and importing the invention for a certain period of time.

  • Understand the process and importance of obtaining and enforcing patents and copyrights.
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edrian cabisasNov 28, 2024
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