📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What does licensing in IP law allow?

      A Permanent transfer of ownership Correct Answer Incorrect Answer
      B Temporary permission for others to use the IP under specific conditions without transferring ownership Correct Answer Incorrect Answer
      C Unlimited use by third parties Correct Answer Incorrect Answer
      D Use only by government entities Correct Answer Incorrect Answer
      E Automatic enforcement of rights Correct Answer Incorrect Answer

      Solution

      Explanation: Licensing grants permission to use IP for a defined period and under prescribed conditions while ownership remains with the original creator or owner .   

      Practice Next
      ask-question