Your company's strength is marketing and sales. Your production team is assigned to rebrand the content obtained from an independent author so your sales team can sell it under your company's name. The author's original work is protected under her legal ownership. So your project manager obtains permission from the author to use her work, in exchange for a royalty fee and a contributor credit in the book. Which term describes this permission arrangement?

1. License

Explanation:

Your company's strength is marketing and sales. Your production team is assigned to rebrand the content obtained from an independent author so your sales team can sell it under your company's name. The author's original work is protected under her legal ownership. So your project manager obtains permission from the author to use her work, in exchange for a royalty fee and a contributor credit in the book. Which term describes this permission arrangement? it is called a License which is permission arrangement to use one's property in exchange for royalty.

a.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o