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This module discusses the processes of transferring copyright ownership and licensing in copyright law. Initially, all rights associated with a copyrighted work belong to the creator. The copyright owner has the freedom to publish, duplicate, or distribute the work and can transfer all or part of their copyright rights to others, potentially to multiple parties simultaneously. The transfer of ownership is referred to as an assignment, which completely transfers ownership rights. In contrast, a license allows another party to exercise certain rights without fully transferring ownership. The module also covers the benefits of copyright registration and the necessary steps involved in these processes.