I'm sorry if this has been answered elsewhere in this thread, but honest technical question: Couldn't someone own an NFT within a smart contract, which can its

I'm sorry if this has been answered elsewhere in this thread, but honest technical question: Couldn't someone own an NFT within a smart contract, which can itself be fungible and transferrable without paying the author fees? Much like an artwork can be held as property of a shell corporation (well, an actual corporation with a single asset) and the corporation itself traded between collectors.