Royal Chocolatier is licensing their product line to American Candy.
Explanation:
Licensing agreements are useful because both the licensee (company receiving the license) and licensor (company granting the license) are benefited:
The licensor benefits since the licensee bears all the costs and risks of the new activity. The licensee is able to sell a well established and recognized brand without having to develop the brand themselves.Licensing results in the licensee bearing the costs and risks.
Listen, I’m not sure if I’m right but I think it threaten king Louis XVI because he was a bad leader and enlightenment ideas were just not what he wanted.