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Ownership and control
- Legal Meaning of Proprietary Rights At its core, proprietary rights are about ownership and control. In property law, this could translate to the rights an individual or entity has over a piece of land or a building. This includes the right to sell, lease, or modify the property, subject to local laws and regulations.
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Nov 18, 2023 · A proprietary right is a legal claim or entitlement that grants an individual or entity exclusive control and ownership over a specific asset, idea, or property. These rights plays a substantive role, especially in the realms of intellectual property and property law.
Defining Proprietary Rights. Proprietary rights, also known as property rights, encompass a range of legal entitlements that are granted to individuals or organizations who own a property. These rights enable the owner to exercise control over the property, use it for their benefit, and exclude others from interfering with their ownership.
Proprietary rights refer to the exclusive legal rights that a person or company has over a particular product, service, or piece of information. This means that the owner has the sole authority to use, sell, or distribute that item, and others cannot do so without permission.
U.S. Code. prev | next. (a) Proprietary rights. No trade secrets or commercial or financial information that is privileged or confidential, under the meaning of section 552 (b) (4) of title 5, which is obtained from a company as a result of activities under this chapter shall be disclosed.
Definition of "proprietary rights" Entitlements that follow from owning a business or real estate ; How to use "proprietary rights" in a sentence. He exercised his proprietary rights over the business by making key decisions. Her proprietary rights in her apartment allowed her to remodel it.
Chapter 6. Property and Proprietary Rights. The meaning of ‘property’ varies according to its function in a particular context, and so we might conclude that it simply has no general meaning. 1. Property is a socially constructed concept; and former perceptions of property as a monopolistic right of control and exploitation have long since ...
Find the legal definition of PROPRIETARY RIGHTS from Black's Law Dictionary, 2nd Edition. These are the rights that the owner of any proprietary information has. These rights are protected under various laws. In contracting situations it means...
