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Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?


Definitions:

Easements

A right granted to a person or entity to use a portion of another’s property for a specific purpose, without owning it.

Profits

The financial gain made in a transaction or operation after all expenses are subtracted from revenue.

Licenses

Permits granted by an authority to an individual or organization to engage in a particular activity or occupation.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, and artistic fields.

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