ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If you write an original story, what type of IP gives you the right to decide who can make and sell copies of your work?
A
Patents
B
Copyrights
C
Trademarks
D
Registered Designs
Explanation: 

Detailed explanation-1: -Copyright gives you the right to decide who can make and sell copies of your work.

Detailed explanation-2: -Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

Detailed explanation-3: -Patents. A patent is an exclusive right granted for an invention. Generally speaking, a patent provides the patent owner with the right to decide how-or whether-the invention can be used by others.

Detailed explanation-4: -There are four main types of intellectual property rights, including patents, trademarks, copyrights, and trade secrets. Owners of intellectual property frequently use more than one of these types of intellectual property law to protect the same intangible assets.

Detailed explanation-5: -With certain exceptions, copyrights allow the owner of the protected materials to control reproduction, performance, new versioning or adaptations, public performance and distribution of the works.

There is 1 question to complete.