ECONOMICS
PROPERTY RIGHTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An app on a new phone
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The brand of the maker of the phone
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The unique shape of a new phone
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The creation of new technology on the phone
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Detailed explanation-1: -Design rights include decorative patterns, graphic symbols, the shape of products and their packaging. Examples include the external look of the building or a shop front, such as the one protected by Apple.
Detailed explanation-2: -Design rights are a form of intellectual property right. A design right can be used to protect the appearance or the design of a newly designed item. This protection applies for a certain period of time and for selected countries and/or regions. Officially design rights are known as design and models rights.
Detailed explanation-3: -In general terms, a “utility patent” protects the way an article is used and works (35 U.S.C. 101), while a “design patent” protects the way an article looks (35 U.S.C. 171). The ornamental appearance for an article includes its shape/configuration or surface ornamentation applied to the article, or both.
Detailed explanation-4: -Design rights protect the appearance of a product. This can be the whole or part of a product resulting from the lines, contours, colours, shape, texture or materials, or ornamentation of the product itself.