Sales of copyrights and patents are governed by:
A) the UCC.
B) common law.
C) federal statute.
D) real estate law.

Question

Quizplus · Accepted Answer

Sales of copyrights and patents are governed by federal statute, specifically the Copyright Act and the Patent Act. These laws provide for the transfer of ownership and other rights in intellectual property. The UCC applies to the sale of goods, while common law governs various aspects of contract and property law, but neither specifically governs copyright and patent sales. Real estate law pertains to real property, which is distinct from intellectual property.

Sales of Copyrights and Patents Are Governed By