Which of the following is true of licenses?
A) A license grants the licensee complete control over intellectual property.
B) An exclusive license is granted to only one licensee for a specific period.
C) A licensee has complete control over the information he or she is allowed to access.
D) A licensee has the right to use information rights beyond the licensor's control.
B
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Command-and-control regulation:
a) gives polluters financial motives to control pollution. b) does not grant abatements. c) helps determine the value of statistical life. d) can increase costs without commensurate increases in benefits.
A father conveyed the family home to his daughter by will as a pur autre vie estate for the life of her mother. If the daughter should die before the mother, who gains possession of the property?
A) The daughter's heirs B) The remainderman C) The mother D) The father's other children