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Nente co June 2012 Q1(iii)

NNg7y ago
Hi John, Isn’t the rights to follow on product an option to expand instead of delay? Please help me clarify this. Thanks
John MoffatJohn MoffatTutor7y ago#1
Not in this case - no. The option allows them to delay producing the follow-on product rather than starting to produce it now. As a result they can develop a small prototype.
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