BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Granting the exclusive right to make, sue, and sell a novel or new, non-obvious, useful product or process is called
A
securing a service mark
B
securing a trademark
C
securing a copyright
D
securing a patent
Explanation: 

Detailed explanation-1: -Overview. A patent grants the patent holder the exclusive right to exclude others from making, using, importing, and selling the patented innovation for a limited period of time.

Detailed explanation-2: -Exclusive rights: Patents provide you with an exclusive right to prevent or stop others from commercially exploiting an invention for twenty years from the date of filing of the patent application.

Detailed explanation-3: -A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application.

There is 1 question to complete.