Which of the following exemplifies possession without ownership?
A) granting a trademark registration to an applicant
B) granting a licence for use of a bio waste technology
C) registering a transfer of a freehold interest in land
D) registering a company's truck under its business name

Question

Quizplus · Accepted Answer

Granting a license for the use of a bio waste technology exemplifies possession without ownership because the licensee is allowed to use the technology without owning it. The license grants permission to use the technology under certain conditions, but the intellectual property rights remain with the licensor.

Which of the Following Exemplifies Possession Without Ownership