Practice question
A licensor fixes the resale price of all goods manufactured under a technology-transfer license. The parties have no exceptional approval under Section 91 and defend the term solely as freedom of contract. Which is correct?
- Every signed price restriction is immune from the Code
- The licensor may dictate price without statutory scrutiny
- Section 87.2 expressly identifies the price-fixing clause, and nonconformance engages Section 92’s unenforceability rule absent the exception
- Only the licensee’s customers can amend the Code
- The patent is automatically cancelled by signing
Legal references
- RA 8293, Intellectual Property Code, Sections 67-70, 73 and 76-107, read with RA 9502: https://lawphil.net/statutes/repacts/ra1997/ra_8293_1997.html
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