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This module covers the transfer of copyright ownership and licensing under copyright law. It explains that the creator of a work initially holds all rights associated with it and can publish, duplicate, or distribute the work. The copyright owner is free to transfer all or part of their rights to others, including multiple parties simultaneously. The module differentiates between transferring ownership, known as an assignment, and licensing, which allows another party to exercise specific rights without transferring complete ownership. It also discusses the process and benefits of copyright registration in relation to these transfers.