Foreign Licensing: Benefits & Drawbacks

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What does a foreign licensing agreement allow someone to do?

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1. What agency can help find suitable companies to enter into an agreement with?

2. Which one is NOT a consideration when setting up a foreign licensing agreement?

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About This Quiz & Worksheet

What is foreign licensing? You can gauge your knowledge of this concept and its pros and cons by using the quiz and worksheet.

Quiz & Worksheet Goals

Take the quiz to see how familiar you are with the following topics:

  • An agency that can help find suitable companies to enter into an agreement with
  • What a foreign licensing agreement does
  • Advantages and disadvantages of foreign licensing agreements
  • Considerations when setting up a foreign licensing agreement

Skills Practiced

  • Making connections - use understanding of the concept of a foreign licensing agreement and its advantages
  • Interpreting information - verify that you can read information about the cons of having a foreign licensing agreement and interpret it correctly
  • Information recall - access the knowledge you have gained about what needs to be considered when creating one of these agreements

Additional Learning

Foreign Licensing: Benefits & Drawbacks is a lesson that can help you cover more topics. Some of these include:

  • How a foreign licensing agreement works
  • Why these agreements are created
  • Examples of foreign licensing agreements
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