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This module covers the transfer of copyright ownership and licensing under copyright law. Initially, all rights related to copyrighted works belong to the creator, who can publish, duplicate, or distribute the work. The copyright owner has the freedom to transfer any or all of their rights to others, including multiple parties simultaneously. The module differentiates between transferring copyright ownership (called an assignment) and licensing, which allows another party to exercise specific copyright rights without full ownership transfer. It also discusses the process and benefits of copyright registration in relation to these transfers.