Explain return for allocation the company''s patents

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Reference no: EM13109445

The president of XYZ Manufacturing Company of Buffalo, New York arises to you with a license offer from a company in Osaka. In return for allocation the company's patents and know-how the Japanese company will pay a license fee of 5percent of the ex-factory price of all products sold based on the U.S. Company's license. The president needs your advice what would you tell him?

Reference no: EM13109445

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