Asked by Ambrianna Jones on May 02, 2024
Verified
Owning a patent:
A) Gives the owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years.
B) Gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years.
C) Gives its owner an exclusive right to manufacture and sell a device or to use a process for 50 years.
D) Indicates that the value of a company exceeds the fair market value of a company's net assets if purchased separately.
E) Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 17 years.
Patent
A legal document granted by the government giving an inventor exclusive rights to make, use, and sell an invention for a certain period of years.
- Comprehend the rights and benefits of holding patents, copyrights, and trademarks, including their useful life.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
Owning a patent gives the owner exclusive rights to manufacture and sell a patented item or to use a process for 20 years.
Learning Objectives
- Comprehend the rights and benefits of holding patents, copyrights, and trademarks, including their useful life.