Copyright is the exclusive right of a person to use, and to license others to use, works of art, music, or literature, and to protect these works from any unauthorized use. This statutory right prevents others from copying or exploiting a person’s work without permission.
A copyright, or aspects of it, may be transferred from one party to another. The original copyright holder can sign an agreement with another party, granting rights to the work, in exchange for royalties and other considerations. In this way the original copyright holder may benefit from the exchange. The author may also grant a non-exclusive license to the work, on specified terms in relation to a particular region or for a definite period of time.
Copyrights expire after a set period of time, usually lasting for the duration of the holder’s life plus 70 years thereafter, or 120 years from the date of creation.
Copyright in Franchising relates to operations manuals, franchise manuals, promotional and advertising material pertaining to the particular franchise brand name and logo.
The symbol for copyright is ©.