Which of the following is true about the nature of licensing?
A) The person who owns the intellectual property is known as the licensee.
B) Sometimes the licensee is permitted to sublicense all or part of its rights in the technology to a sublicensee.
C) As a general rule, persons who buy from patent holders or their licensees are restricted by the original licensing contract.
D) A customer who has bought a patented product cannot freely resell it without fear of violating the original patent.

Question

Quizplus · Accepted Answer

Sometimes the licensee is permitted to sublicense all or part of its rights in the technology to a sublicensee. Whether this right or others exist is determined by the licensing agreement itself, as well as by the laws of the country where the licensing activities take place.

Which of the Following Is True About the Nature of Licensing