ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Each of the following is a form of intellectual property EXCEPT
A
a patent on a business process
B
a website design
C
the recipe for apple pie that has been passed down through your family for several generations
D
the name of the website “Google”
Explanation: 

Detailed explanation-1: -Each of the following is a form of intellectual property EXCEPT: a patent on a business process.

Detailed explanation-2: -Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.

Detailed explanation-3: -Apple’s innovation is embodied in its Intellectual Property, including Patents, Trademarks, and Copyrights.

Detailed explanation-4: -The key forms of intellectual property protection are patents, copyrights, trademarks and trade secrets.

There is 1 question to complete.