A Deed Is the Document That Transfers Ownership of the Property

question 27

True/False

A deed is the document that transfers ownership of the property from one party to another.

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Definitions:

Patent

A government grant giving an inventor exclusive rights to make, use, and sell an invention for a certain number of years.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, and artistic fields, including patents, copyrights, trademarks, and trade secrets.

Copyright Office

A government agency responsible for registering copyrights and managing copyright laws.

Tangible Form

Property or assets that have a physical presence and can be touched, as opposed to intangible assets like intellectual property.