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Is a contractual arrangement in which one firm grants

1. _____ is a contractual arrangement in which one firm grants access to its patents, trade secrets, or technology to another for a fee.

A. A management contract

B. Contract manufacturing

C. A joint venture

D. Licensing

2. A _____ is an arrangement by which one firm provides management in all or specific areas to another firm.

A. management contract

B. licensing agreement

C. management buy-out

D. distributed transaction

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