BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A novel, non-obvious, and useful idea can be patented.
A
True
B
False
Explanation: 

Detailed explanation-1: -Patents are granted only for inventions that meet three conditions: novelty, non-obviousness and usefulness.

Detailed explanation-2: -Many people ask: can ideas be patented? The short answer is no. Unfortunately, despite what you may have heard from late night television commercials, there is no effective way to protect an idea with any form of intellectual property protection. Copyrights protect expression and creativity, not innovation.

Detailed explanation-3: -The United States Patent Office (USPTO) grants patents to inventions that meet three main criteria. The invention must be novel, nonobvious, and useful. To be novel, an invention must be substantially different from anything else that is public knowledge.

Detailed explanation-4: -An invention must be both novel and nonobvious to qualify for a patent. Of these two requirements, novelty is the threshold: An invention must be novel before nonobviousness can be considered.

Detailed explanation-5: -In the context of a patent application, an invention is considered novel when it is different from all previous inventions (called “prior art") in one or more of its constituent elements.

There is 1 question to complete.