Which of the Following Statements Holds True for Licensing

question 49

Multiple Choice

Which of the following statements holds true for licensing?

• A)It refers to the exclusive right granted for an invention, which must be industrially applicable (useful), be new (novel), and exhibit a sufficient "inventive step" (be nonobvious).
• B)It refers to a situation where the owner of an asset grants the right to use the asset to another, while continuing to retain ownership of the asset.
• C)It refers to a distinctive sign, which identifies certain goods or services as those produced or provided by a specific person or enterprise.
• D)It refers to the body of laws that grants authors, artists, and other creators protection for their literary and artistic creations, which are generally referred to as "works."
• E)It refers to any confidential business information which provides an enterprise with a competitive edge.

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