Question

Shirtzter, a manufacturer of men's shirts and jackets, has just reached an agreement to pay kwasiaki a substantial fee for the right to use the company's name and logo on some of its clothing lines. this type of arrangement is known as:

Answer 1

The answer to this question is that the type of arrangement for this question is called licensing.

Licensing is a type of contract or agreement between two companies where in the owner of a company or business gives permission to another party of a company to use a property whether it is real or intellectual property of the company.