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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Licenses

Licenses

Q 1. Are licenses good for some things but unreasonable for others? Explain. Who decides where the line is drawn?

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Yes, licenses are good for some things but unreasonable for others. An individual can negotiate with a licensing agreement for getting the best deal in order to start the business. Licensing can be good for some things as it can offer a perfect balance of rewards and risk. By using licensing an individual can get the leverage of success of an already established company for distribution.