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In this module, Dr. Raman Methyl from the Faculty of Law at the University of Delhi discusses assignments and licenses in intellectual property (IP). He explains how IP rights can be transferred from the owner to others, allowing for participation in the exploitation of those rights. Dr. Methyl highlights examples of licensing and assignments in everyday products, such as the Coca-Cola bottle, which involves various licenses and assignments throughout its manufacturing and consumption processes. He also points out that branded merchandise, like t-shirts with logos, and the software we use, are products of licensing activities.