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A clause in a licensing contract that provides benchmarks for sales by the licensee, as well as the amount of monies to be expended by the licensee to promote the sale of the licensed goods is called:

A party who continues to use another’s IP after the expiration or termination of the license may be liable for:

In contract law, the remedy of taking the profits of another person or company based upon that company’s infringement of your IP rights is called disgorgement.

The party that obtains a patent from the Patent Office is referred to as the patentor.

The Paris Convention allows for the issuance of compulsory license.

Gray market goods are different from counterfeited goods because the gray market goods are produced under a legal license.

A clause in a licensing contract that allows the licensor to terminate the agreement when the licensee fails to satisfy certain obligations under the contract is called:

The European Union provides a sui generis protection for databases that are the result of a substantial investment.

The test for determining the scope of a license when a new use of the licensed products comes in to being is whether the unforeseen use comes within the spirit of the license grant.

In Russia, the failure to register a licensing agreement with the government invalidates the agreement.