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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?

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Answer:

1. License

Step-by-step 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.

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