A(n)________ is an owner of intellectual property or informational rights who transfers rights in the property or information to another party.
A)lessor
B)lessee
C)licensee
D)licensor

Question

Quizplus · Accepted Answer

A licensor is an owner of intellectual property or informational rights who transfers rights in the property or information to another party through a license agreement. The license agreement outlines the terms of the use of the intellectual property or information, including any restrictions or limitations. The party who receives the rights to use the intellectual property or information is called the licensee. The lessor is a party who grants a lease, and the lessee is a party who receives a lease.

A(n)________ Is an Owner of Intellectual Property or Informational Rights