BurgerBoy Restaurant Corporation allows its trademark to be used as part of a domain name for BurgerBoyNY,Inc.,an unaffiliated company.BurgerBoyNY does not obtain ownership rights in the mark.This is

Question

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BurgerBoy Restaurant Corporation has granted a license to BurgerBoyNY, Inc. to use its trademark as part of its domain name but without obtaining ownership rights in the mark. A license is an agreement that allows a third party to use a trademark owned by another party in exchange for certain agreed-upon terms and conditions.

BurgerBoy Restaurant Corporation Allows Its Trademark to Be Used as Part