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Legal distinction between selling a product and licensing it?

Asked by msv1116 about 1 year ago, 2 answers.

What is the legal distinction between selling a product and licensing it?

editor in car 1 Answered by editor on Jan 31, 2008, 10:40PM
8965 answers
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Hi,

I believe in selling a product you are giving full rights to the product in its entirety to someone else.

In licensing you are just allowing someone to use the product for a set fee, although the product in its entirety (including concept and design) belong to you.

NC Answered by ncatfunadvice on Feb 01, 2008, 06:33PM
32 answers

When you license a product to someone, that someone assumes full responsibility for manufacturing, distributing, and (if applicable) servicing it.

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