A ________ refers to a contract that transfers limited rights in intellectual property and informational rights.
A) lien
B) tender
C) license
D) trademark

Question

Quizplus · Accepted Answer

A license is a legal agreement that allows a person or entity to use someone else's intellectual property, usually for a fee or royalty. It grants the licensee limited rights to the IP, but the licensor retains ownership of the intellectual property.

A ________ Refers to a Contract That Transfers Limited Rights