Question

What is the Principle of Territoriality in Intellectual Property Rights, and what is its key practical implication for IP owners?

A IP rights are universal and automatically enforceable in all countries once granted in one country
B IP rights are valid and enforceable only in the country or territory in which they are granted or recognised, and do not extend automatically to other countries
C IP rights are enforceable in all WTO member countries without separate registration
D IP rights are territorial only for trademarks but global for patents and copyrights
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