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Question
Greyer Co. manufactures surgical instruments. Systems Medico establishes a contractual arrangement with Greyer Co., according to which the firm can use Greyer manufacturing methods and management structure to produce and sell surgical instruments. Systems Medico must pay a yearly fee to Greyer Co. for the use of its trademark and manufacturing processes. In this scenario, Systems Medico is the _____.
a. licensor
b. contract manufacturer
c. licensee
d. intrapreneur
Answer
This answer is hidden. It contains 1 characters.
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