A ________ refers to a party who is granted limited rights in or access to intellectual property or informational rights owned by another party.

Question

Quizplus · Accepted Answer

A licensee is a party who is granted limited rights to intellectual property or informational rights owned by another party. The licensor is the party who grants those rights, so option D is not correct. A lessor is someone who grants the use of a property or asset, while a lessee is the party who is granted the right to use that property or asset. These terms are not applicable to intellectual property or informational rights, so options A and B are not correct.

A ________ Refers to a Party Who Is Granted Limited