Which of the Following Is True About the Nature of Licensing

Multiple Choice

Which of the following is true about the nature of licensing?

A) The person who owns the intellectual property is known as the licensee.
B) Sometimes the licensee is permitted to sublicense all or part of its rights in the technology to a sublicensee.
C) As a general rule, persons who buy from patent holders or their licensees are restricted by the original licensing contract.
D) A customer who has bought a patented product cannot freely resell it without fear of violating the original patent.