ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What protects the intellectual property created by designers?
A
Patents
B
Copyrights
C
Trademarks
D
Registered Designs
Explanation: 

Detailed explanation-1: -Patents protect an invention or a technical product or process. It is unlawful for others to make, use, resell, rent out, or supply the patented object or process. The patent holder may however give others permission to do so by granting a patent licence.

Detailed explanation-2: -Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.

Detailed explanation-3: -Intellectual property law (also known as IP law ) is used to protect inventions, brands, original works of authorship, and valuable secret information. Four types of intellectual property are patents, trademarks, copyrights, and trade secrets.

Detailed explanation-4: -Documenting your discoveries. Using digital rights management. Opting for strong nondisclosure agreements. Creating strong access credentials. 09-Jan-2023

Detailed explanation-5: -Trade Marks. Patents. Copyrights and Related Rights. Industrial Designs. Geographical Indications. Layout Designs of Integrated Circuits. Plant Varieties. Information Technology and Cybercrimes. More items •23-Jan-2023

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