BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ideas can be patented as long as its useful
A
True
B
False
Explanation: 

Detailed explanation-1: -The simple answer is no-you cannot patent an idea for an invention. The invention itself has to be produced or a patent application containing the invention must be filed with the U.S. Patent and Trademark Office (USPTO). While all inventions start with an idea, not every idea can be called an invention.

Detailed explanation-2: -Patent protection is granted for a limited period, generally 20 years from the filing date of the application.

Detailed explanation-3: -Under U.S. patent law, an invention is patentable only if it meets the following four requirements, which are discussed in more detail below: The invention must be statutory (subject matter eligible) The invention must be new. The invention must be useful.

Detailed explanation-4: -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.

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