Question
Errol has just entered into a licensing agreement with a company in Spain for his children’s costumes business. What is the company in Spain doing for Errol’s company?
(1 point)
Responses
contracting to manufacture and ship Errol’s costumes to new markets
contracting to manufacture and ship Errol’s costumes to new markets
receiving a fee and royalties from Errol to produce and sell his costumes
receiving a fee and royalties from Errol to produce and sell his costumes
selling their company to Errol so that he can expand his business
selling their company to Errol so that he can expand his business
partnering with Errol on a project of joint benefit to both companies
(1 point)
Responses
contracting to manufacture and ship Errol’s costumes to new markets
contracting to manufacture and ship Errol’s costumes to new markets
receiving a fee and royalties from Errol to produce and sell his costumes
receiving a fee and royalties from Errol to produce and sell his costumes
selling their company to Errol so that he can expand his business
selling their company to Errol so that he can expand his business
partnering with Errol on a project of joint benefit to both companies
Answers
GPT-4o mini
The company in Spain is likely **receiving a fee and royalties from Errol to produce and sell his costumes**.