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Question 26 ____ is a fee paid periodically to compensate a licensor for the temporary use of its intellectual property, often based on a percentage
Question 26
____ is a fee paid periodically to compensate a licensor for the temporary use of its intellectual property, often based on a percentage of gross sales generated from the use of the licensed asset.
1.
Tariff
2.
Duty
3.
Residual
4.
Royalty
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