Licensing

Licensing

Assessment

Flashcard

Financial Education

12th Grade

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

The fee a licensee pays up front to use trademarked property

Back

Guarantee

2.

FLASHCARD QUESTION

Front

A symbol, design, or word used to identify a good or service and registered with the government to prevent use by others

Back

Trademarked property

3.

FLASHCARD QUESTION

Front

An agreement that allows a company to pay a fee to a team or an event for the right to affiliate itself with that team or event

Back

Sponsorship

4.

FLASHCARD QUESTION

Front

A phrase that is easy to remember

Back

Slogan

5.

FLASHCARD QUESTION

Front

A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5 to 15 percent

Back

Royalties

6.

FLASHCARD QUESTION

Front

The name and/or symbol used by a business; also called signature

Back

Logo

7.

FLASHCARD QUESTION

Front

An organization or company that holds the rights to trademarked property

Back

Licensor

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