Asked by Marissa Bateman on May 11, 2024
Verified
An exclusive right to the owner to sell or produce his or her discovery or invention is known as a:
A) franchise.
B) trademark.
C) patent.
D) copyright.
Patent
A form of intellectual property that gives its holder the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling public disclosure of the invention.
Discovery
Discovery in a general context refers to the process of uncovering or finding something new. In a legal context, it refers to the pre-trial phase in a lawsuit where parties can obtain evidence from one another.
- Pinpoint and expound upon the different kinds of intangible assets and their specific characteristics.
Verified Answer
BP
Barbara PalacioMay 11, 2024
Final Answer :
C
Explanation :
A patent grants the inventor exclusive rights to sell, make, use, and distribute their invention for a limited period, typically 20 years from the filing date, to encourage innovation by providing inventors the opportunity to profit from their inventions.
Learning Objectives
- Pinpoint and expound upon the different kinds of intangible assets and their specific characteristics.