Honoria

Licensing Revenue.

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Licensing Revenue is the revenue a company generates from licensing its products or services to another company. This can include licensing patents, trademarks, copyrights, or other intellectual property. It can also include licensing software, technology, or other business processes. What are the 3 types of licensing agreements? There are three types of licensing agreements: exclusive, … Read more

Registered Education Savings Plan (RESP).

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A Registered Education Savings Plan (RESP) is a savings account that offers tax breaks to encourage parents to save for their child’s education. The money in the account can be used to pay for tuition, books, and other expenses related to post-secondary education. There are two types of RESPs: individual and family. Individual RESPs can … Read more