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The module covers the transfer of copyright ownership and licensing, detailing how copyright law initially grants all rights to the creator. The copyright owner can publish, duplicate, or distribute their work and has the freedom to transfer all or part of their rights to others, even to multiple parties simultaneously. An assignment refers to the complete transfer of ownership rights to another party, while a license allows another party to exercise specific rights without transferring ownership. The module also discusses the benefits of copyright registration in this context.