Which of the Following Is True About the Nature of Licensing

question 46

Multiple Choice

Which of the following is true about the nature of licensing?

• A) The person who owns the intellectual property is known as the licensee.
• B) Sometimes the licensee is permitted to sublicense all or part of its rights in the technology to a sublicensee.
• C) As a general rule, persons who buy from patent holders or their licensees are restricted by the original licensing contract.
• D) A customer who has bought a patented product cannot freely resell it without fear of violating the original patent.

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Definitions:

Desensitization

A process through which an individual becomes less responsive or sensitive to a stimulus after repeated exposure.

Sexual Arousal

The physiological and psychological process of becoming sexually stimulated.

Genetics

The branch of biology that studies the inheritance of physical and behavioral traits from one generation to another through DNA.

Cultural Influences

The effects that the customs, beliefs, and social behavior of a society have on individuals and groups within that society.