A __________________ clause in a licensing contract describes the rights being transferred , along with restrictions, to the licensee:

If the creator and owner of a patent gives consent for someone else to use the patented invention it is implied that the user will pay compensation.

In Mallinckrodt, Inc. v. Medipart, Inc, a hospital entered into a single use license for a device provided the licensor but after the first use the hospital sent the device to a third-party for refurbishing in order to use it a second time. The third-party can best be described as a:

The owner of IP may seek a cease and desist order from the International Trade Commission to prevent the importation of gray market goods.

The most valuable type of license is an exclusive license.

The licensor pays the licensee a royalty for the use of IPR.

Strategies for protecting IP includes:

A hybrid license consists of the licensing of IP rights and non-IP rights.

For an IP license to be legally valid and enforceable in Russia it must:

A _________________ in a licensee agreement will often prohibit the use of know-how or confidential information after the license comes to an end: