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To find a power of a product, find the power of each factor and then multiply. In general, (ab)m=amâ‹…bm.IP BASICS: Should I license or franchise my Intellectual Property? You or the licensor should use the form TM50 to tell us about the licence. The product of powers property is used when both numbers have the same base but different exponents. The council also has powers to take control of a property. Please note: A HMO licence does not grant planning permission. Out a SALESPERSON LICENSE APPLICATION (RE 202) to apply for a license. (i) "License cycle" means the term of a license issued under this article. Statutory form.