The _____ clause of a contract specifies conditions regarding who owns any IP that comes out of the agreement, and who owns what IP going into the agreement.
A)liability
B)confidentiality
C)intellectual property
D)technology improvements
E)assignment and contracting

Question

Quizplus · Accepted Answer

The intellectual property (IP) clause of a contract specifies ownership and usage rights of any IP created during or as a result of the agreement. This includes both pre-existing IP contributed by the parties involved and any new IP developed. It is important for this clause to be clearly defined to avoid disputes over ownership or usage rights.

The _____ Clause of a Contract Specifies Conditions Regarding Who