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Negotiation Law: Intellectual Property Rights and Licensing Agreements

Question 1 of 15

What is the primary purpose of a licensing agreement in the context of intellectual property rights?

  1. To transfer ownership of intellectual property rights
  2. To grant permission to use intellectual property rights
  3. To resolve disputes related to intellectual property rights
  4. To establish a joint venture for the development of intellectual property

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000