ENTREPRENEURSHIP

Detailed explanation-1: -These are the creations of human intellect such as ideas and concepts which are legally protected. Certain examples of Intellectual property are patents, copyrights and trademark, and it does not include physical property of an intellectual. Hence the correct answer is D.

Detailed explanation-2: -The correct option is: A) Innovations Explanation: The four classifications of intellectual property are patents, copyrights, trade secrets, and trademark. Innovation does not belong to the forms of intellectual property protection. Hence, Innovations is the correct option.

Detailed explanation-3: -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-4: -You may have asked yourself, “is intellectual property an intangible asset, ‘’ and the answer is yes. While tangible assets can result from intellectual property, the intellectual property itself is intangible.

Detailed explanation-5: -Intellectual property is not tangible but refers to creations of the human mind that have commercial value and are protected by law. Examples of intellectual property include patents, trademarks, copyrights, trade secrets, industrial designs, geographical indications, and plant varieties.