ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of laws protects the inventions or written works of a business from the unauthorized use by others?
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Consumer protection
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Income tax
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Intellectual property
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Product liability
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Explanation:
Detailed explanation-1: -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-2: -Patents provide incentives to and protection for individuals by offering them recognition for their creativity and the possibility of material reward for their inventions.
Detailed explanation-3: -Intellectual Property Law includes patents, copyrights, trademarks, and trade secrets. All of these areas are related in that they deal with protecting products of the mind but in other ways they are very different.
There is 1 question to complete.