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Can intellectual property be sold?

Question and options

Can intellectual property be sold?
  1. No
  2. Sale is possible
  3. Sale is not proper
  4. None of the given options is correct

Answer and explanation

Correct answer: B - Sale is possible
Intellectual property is property, so it can be sold, that is, assigned: patents, trade marks and copyright can all be assigned under their own Acts. So sale is possible, and the answers that deny sale or call it improper are wrong.

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