A license is ________.

Question

Quizplus · Accepted Answer

A license is the legal permission granted by the owner of a trademark, patent, or copyrighted work to allow someone else to use that intellectual property. This could include using a name or image on a product, but does not include the right to sell knockoffs, duplicates, or start a business exactly as the licensor wants it run. It is not the same as a franchise, which is a specific type of business model with its own set of legal and operational requirements.

A License Is ________