Principle: Licence is an agreement whereby the owner of the copyright agrees to grant an interest in the copyright to the licencee, assignment is an agreement whereby the owner of the copyright transfers all the property rights to the assignee. Property right is a bundle of rights consisting of right to possess, right to use, right to alienate and the right to exclude others. Facts: A, an owner of copyright in a cinematographic film enters into an agreement with B, a film distributor, B agrees to distribute the film only in Mumbai. A also enters into many such agreements with other distributors for distribution of his film in other cities.

2150+ Legal Awareness And Legal Reasoning Questions.

The Legal Aptitude or Legal Reasoning section in law entrance exams that holds maximum weightage and demands candidates to possess good knowledge of fundamentals. This section is used to test your legal awareness, analytical skills and problem-solving ability.