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In this tutorial, Dr. Raman Methyl from the Faculty of Law, University of Delhi, discusses assignments and licenses of intellectual property (IP). He explains how IP can be transferred by owners to others, allowing participation in the exploitation of intellectual property rights. The module highlights various instances of licenses and assignments in everyday products. For example, the Coca-Cola bottle involves licensing in its manufacturing and consumption process. Similarly, wearing a t-shirt with a popular logo and using software also stem from licensing activities. The tutorial aims to clarify the role of licenses and assignments in the broader context of intellectual property.