Shirtzter, a manufacturer of men's shirts and jackets, has just reached an agreement to pay kwasiaki a substantial fee for the right to use the company's name and logo on some of its clothing lines. this type of arrangement is known as:

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Business

Hope Richardson

12 April, 05:08

Shirtzter, a manufacturer of men's shirts and jackets, has just reached an agreement to pay kwasiaki a substantial fee for the right to use the company's name and logo on some of its clothing lines. this type of arrangement is known as:

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Pearl · Answer 1

The answer to this question is that the type of arrangement for this question is called licensing.

Licensing is a type of contract or agreement between two companies where in the owner of a company or business gives permission to another party of a company to use a property whether it is real or intellectual property of the company.