“(c) The effect which the [transaction] [contract] may have on the ownership of rights created or transferred by the [transaction] [contract].”

(c) The effect which the [transaction] [contract] may have on the ownership of rights created or transferred by the [transaction] [contract].

The relations between the parties involved in these transactions are governed by various contracts and documents, including contracts for sale, carriage, insurance, and payment/finance.

In this connection, future work has to confirm the right of the licensor under law other than the secured transactions law to limit by contract the right of the licensee to transfer the licence or give a sub-licence to a third party, as well as the right of the licensor to terminate the licence for breach of contract.