licensed

A license (or licence) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit).A license is granted by a party (licensor) to another party (licensee) as an element of an agreement between those parties. In the case of a license issued by a government, the license is obtained by applying for it. In the case of a private party, it is by a specific agreement, usually in writing (such as a lease or other contract). The simplest definition is "A license is a promise not to sue," because a license usually either permits the licensed party to engage in an activity which is îllégâl, and subject to prosecution, without the license (e.g. fishing, driving an automobile, or operating a broadcast radio or television station), or it permits the licensed party to do something that would violate the rights of the licensing party (e.g. make copies of a copyrighted work), which, without the license, the licensed party could be sued, civilly, criminally, or both.
In particular, a license may be issued by authorities, to allow an activity that would otherwise be forbidden. It may require paying a fee or proving a capability (or both). The requirement may also serve to keep the authorities informed on a type of activity, and to give them the opportunity to set conditions and limitations.
A licensor may grant a license under intellectual property laws to authorize a use (such as copying software or using a patented invention) to a licensee, sparing the licensee from a claim of infringement brought by the licensor. A license under intellectual property commonly has several components beyond the grant itself, including a term, territory, renewal provisions, and other limitations deemed vital to the licensor.
Term: many licenses are valid for a particular length of time. This protects the licensor should the value of the license increase, or market conditions change. It also preserves enforceability by ensuring that no license extends beyond the term of the agreement.
Territory: a license may stipulate what territory the rights pertain to. For example, a license with a territory limited to "North America" (Mexico/United States/Canada) would not permit a licensee any protection from actions for use in Japan.
Again, a shorthand definition of license is "a promise by the licensor not to sue the licensee". That means without a license any use or exploitation of intellectual property by a third party would amount to copying or infringement. Such copying would be improper and could, by using the legal system, be stopped if the intellectual property owner wanted to do so.Intellectual property licensing plays a major role in business, academia and broadcasting. Business practices such as franchising, technology transfer, publication and character merchandising entirely depend on the licensing of intellectual property. Land licensing (proprietary licensing) and IP licensing.

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  1. A

    Pa help po TDC for Drivers Licensed

    Mga Boss meron po ba kayong Theorerical Drivers Course for drivers licensed na Lesson dito? Pahingi po .
  2. T

    Help Licensed Agency for Japan

    Baka may ma recommend kayo na Legit agency para sa Japan dito salamat po
  3. E

    Help Sino po may licensed ng CLion

    baka po may licensed kayo or cr@ck version
  4. R

    Help PVC licensed card

    PVC licensed card may update na ba sa mga kumuha ng temporary licensed? nakakuha na ba kayo pvc/plastic card? from kalookan pala ako
  5. Z

    Help REQ LICENSED TEAM VIEWER

    Mga Lodi/master baka meron kayo licensed na team viewer. pashare naman po. thanks po.
  6. M

    Closed Fix On adobe 24.7 and Firefly Version 25 licensed POP UP 10 days etc

    Please Respect Post Dapat nakalog in muna sa Adobe Creative Cloud then disable niyo Bale ganto lang gawin guys punta lang sa Task Manager then disable niyo lang same sa akin working parin si generative fill kahit naka dis abled yan pa heart naman kung nakatulong ....
  7. R

    Minecraft licensed officially ρáíd

    100 nalang mga paps
  8. Q

    Help PGSHARP LICENSED

    Baka meron kayong license key ng pgsharp dyan mga boss penge po hekhek. PS: Pang balik established post narin 🫡☺️
  9. P

    Help EaseUS Data Recovery Wizard TE | 2023 Licensed Penge ASAP

    Good Afternoon mga ka PHC Meron kayong Licensed para dito, need ko lng ASAP Thanks in ADV guys.. PHC - Naethan
  10. Q

    Help Ano po position ang recommended for newly licensed engineer Mechanical Engineer.

    Fresh Graduate po with no experience. Cadet Mechanical Engineer, Junior Mechanical Engineer, or Mechanical Engineer?
  11. J

    Help Microsoft Office Licensed Key

    Sino pong may extra diyan Pupunta lang po ako sa legal side HAHA. I already buy a cheap license sa lazada. Sana maambonan ng License key naman for office. Di ko kasi afford tyy or any invitation for ms 365 family. Tyyy
  12. S

    IOBIT MALWARE FIGHTER 10 PRO FREE LICENSED

    IObit Malware Fighter PRO is award-winning antivirus which gives you three layers of online protection. It prevents malware from infecting your computer and stops häçkers spying or stalking on you. DOWNLOAD HERE!!! PLEASE DONT HIT & RUN FOR MORE! HAPPY NEW YEAR🎆🎇
  13. 1

    Help Licensed Windows/365 for Office/Enterprise?

    Gandang araw mga master, baka may mairerecommend kayo na store or supplier ng nasa title, yung nagaalok ng bundles ganyan. Salamat!
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