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What Are the Four Basic Types of Intellectual Property

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What are the four basic types of intellectual property?


Definitions:

Drawer And Drawee

Terms in check transactions where the drawer is the party that writes the check, and the drawee is the bank that is requested to pay the amount.

Functions

Refers to the roles, activities, or duties that are intended or expected to be performed by a person, system, or object.

Cash

Money in the form of bills or coins; physical currency that is used as a medium of exchange.

Assignment

A process by which one party transfers rights, duties, or property to another.

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