ECONOMICS
PROPERTY RIGHTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This is how it is bought and sold.
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To protect the intellectual property of its creator(s).
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To make it more difficult to buy.
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So that it doesn’t break privacy laws.
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Detailed explanation-1: -It gives the owner the exclusive right to copy, modify, and distribute or sell those copies or modifications of the property to the public. Software copyright could cover the specific code used in the program or elements in the user interface.
Detailed explanation-2: -The primary function of intellectual property rights (IPRs) is to protect and stimulate the development and distribution of new products and the provision of new services based on the creation and exploitation of inventions, trademarks, designs, creative content or other intangible assets.
Detailed explanation-3: -Software copyright protection is ensuring that no one will copy your software and use it illegally. In theory, the software is protected under copyright law as soon as the code is fixed in a tangible medium, so the law provides a sort of automatic software copyright protection.
Detailed explanation-4: -What is Intellectual Property for Software? Intellectual property for software is computer code or software protected by law under either a copyright, trademark, trade secret, or software patent.
Detailed explanation-5: -File for Copyrights, Trademarks, and Patents. Copyrights (©) Sign Confidentiality Contracts with Partners and Employees. Sign IP Assignment Agreement with Developers. Look Into Source Code Licenses. Create IP Awareness Among Employees. 14-Oct-2021