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Intellectual property: What is it?
Intellectual property refers to products of a person's creativity, or their mind. There are three main types: Copyrights, which include literary and artistic works (such as poems and photographs); trademarks, which include brand names and designs; and patents, used for inventions.
So, what goes into an Intellectual Property:
What it is
Be able to describe and categorize the intellectual property you're selling or licensing.
Who owns it
Know who owns the work and have their contact info ready.
Have the buyer or licensee's info ready, too.