18:51
medicine is a scam
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LSDefine
Simple English definitions for legal terms
label license
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A quick definition of label license:
A label license is a permission given to someone to do something that would normally be illegal. For example, a label license might allow someone to hunt on someone else's land. The permission is usually written down in a document called a license. There are many different types of licenses, such as exclusive licenses that only allow one person to do something, and open-source licenses that allow many people to use and change something. Sometimes, licenses are printed on the outside of a package, and by opening the package, the person agrees to follow the license's rules.A more thorough explanation:
A label license is a type of license that grants permission to use a product or process that would otherwise be illegal. It is usually found on the package of a product and gives the purchaser the right to use the product in a certain way without having to pay additional fees to the licensor.
For example, a label license may allow a person to use a certain type of pesticide on their crops without violating environmental regulations. Another example is a label license that allows a person to use a particular software program for personal use only.
The label license is a form of bare license, which means that no property interest passes to the licensee. The license is revocable at will, and the licensor can terminate the license at any time.