In the theoretical study of law, Intellectual Property Rights are widely categorized as "Negative Rights" and "Territorial Rights". What does the term "Territorial Right" imply in this specific context?
It implies that the intellectual property is physically tied to a specific piece of real estate or agricultural land.
It implies that the creator holds absolute global ownership of the idea across all continents regardless of where it was registered.
It implies that the right can only be claimed by the government, completely excluding private citizens from ownership.
It implies that the intellectual property can only be enforced strictly within the physical geographical borders of the specific country that granted the registration.
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