USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

SECOND INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an exclusive right to make or sell an invention?
A
kerosene
B
patent
C
gasoline
D
bessemer
Explanation: 

Detailed explanation-1: -A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. To get a patent, technical information about the invention must be disclosed to the public in a patent application.

Detailed explanation-2: -Exclusive rights: Patents provide you with an exclusive right to prevent or stop others from commercially exploiting an invention for twenty years from the date of filing of the patent application.

Detailed explanation-3: -A patent is an exclusive right that allows the inventor to exclude others from making, using, or selling the product of his invention during the life of the patent. Patent owners may also give permission to, or license, other parties to use their inventions on mutually agreed terms.

Detailed explanation-4: -A patent is an exclusive right granted by the state for the protection of an invention. The patent grants to its holder the exclusive right to use or exploit the invention and prevent third parties from using it without consent.

Detailed explanation-5: -Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time.[1] These legal rights confer an exclusive right to the inventor/creator or his assignee to fully utilize his invention/creation for a given period of time.

There is 1 question to complete.