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In this tutorial, Dr. Raman Methyl from the Faculty of Law at the University of Delhi discusses assignments and licenses of intellectual property (IP). He explains how IP rights can be transferred from the owner to others, allowing participation in the exploitation of those rights. Examples of licenses and assignments are provided, including the licensing involved in the production and consumption of products such as Coke bottles and branded t-shirts. Additionally, the software we use is also subject to various licensing agreements, illustrating the prevalence and importance of IP licensing in everyday items.