Question

which of the following is an agreement in which a firms intangible property may be sold or made available to another firm for a fee?
a joint venture
exporting
licensing
franchising
i dont know yet

Explanation:

To solve this, we analyze each option:

• A joint venture: Involves a partnership between firms to create a new entity, not about intangible property licensing.
• Exporting: Involves selling goods/services abroad, not related to intangible property transfer for a fee.
• Licensing: Is an agreement where a firm (licensor) allows another firm (licensee) to use its intangible property (like patents, trademarks, technology) for a fee. This matches the description.
• Franchising: Involves a broader business model (including brand, operations) rather than just intangible property licensing (though related, licensing is more specific to intangible property transfer for a fee here).
• I DON'T KNOW YET: Not a valid business concept for this question.

Answer:

Licensing (the option labeled "Licensing")