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Intellectual Property is the product of an individuals original creative thoughts. This can be in the form of a painting, musical composition, writing, or a process or procedure. The common forms of protecting intellectual property are patent (unique and non-obvious inventions/processes/procedures/formulas), trademark (good will associated with a good or service), copyright (creative expression of an idea or concept), and trade secrets. Once protected, like any other personal property, Intellectual Property can be licensed or sold allowing the author to control how it is disseminated to the public.