Question

Skye Pye Corporation, a U.S. firm, wishes to participate, but limit its involvement, in Middle Eastern markets. Skye Pye empowers Alem, Ltd., a United Arab Emirates firm, to enter into contracts in certain countries on Skye Pye's behalf. This is

A) a distribution agreement
B) an agency relationship.
C) indirect exporting.
D) licensing.

Answer 1

D) licensing

Step-by-step explanation:

Licensing is when a company gives another company legal permission to manufacture it's own products in return for a specific payment. It can also apply to a service business like fast food or hotel(hospitality service).