BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The exclusive right granted to an inventor to manufacture, use, or sell an invention is a
A
Trademark
B
Trade secret
C
Copyright
D
Patent
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -patents. A patent is an exclusive right granted for a new, inventive, & useful product. It can take the form of a new product, process or technical improvement to existing invention.

Detailed explanation-3: -A patent is a legal right to an invention given to a person or entity without interference from others who wish to replicate, use, or sell it. Patents are granted by governing authorities and have a time limit, usually 20 years.

Detailed explanation-4: -A patent protects new inventions, processes, or scientific creations, a trademark protects brands, logos, and slogans, and a copyright protects original works of authorship.

Detailed explanation-5: -A patent is an exclusive right that allows the inventor to exclude others from making, using, or selling the product of his invention during the life of the patent. Patent owners may also give permission to, or license, other parties to use their inventions on mutually agreed terms.

There is 1 question to complete.