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Licensing

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

The fee a licensee pays up front to use trademarked property

a)

Guarantee

b)

Licensee

2.

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

a)

Trademarked property

b)

Slogan

3.

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

a)

Sponsorship

b)

Trademarked property

4.

A phrase that is easy to remember

a)

Sponsorship

b)

Slogan

5.

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

a)

Royalties

b)

Slogan

6.

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

a)

Slogan

b)

Logo

7.

An organization or company that holds the rights to trademarked property

a)

Licensee

b)

Licensor

8.

An agreement that allows one company to use the trademarked property of another company to manufacture and sell its own products

a)

Licensing

b)

Licensor

9.

A company that wants to manufacture and sell products using trademarked property

a)

Licensor

b)

Licensee

10.

Approval by a reputable external source

a)

Endorsement

b)

Guarantee

11.

Legal protection of original works and intellectual properties granted by the government to give their creators sole rights to them

a)

Endorsement

b)

Copyright

12.

An item that features only the logo of the manufacturer and not another company's trademark

a)

Copyright

b)

Branded product