Asked by Kylee Israelsen on Jul 05, 2024
Verified
Copyrights and trademarks are examples of
A) capital goods.
B) human capital.
C) property rights.
D) public goods.
Copyrights
Legal protections granted to the creators of original works, giving them exclusive rights to use, distribute, and reproduce these works for a certain period.
Trademarks
Legal designations that protect brand names, logos, and other distinctive symbols associated with products and services to distinguish them in the market.
Property Rights
Legal rights to possess, use, and dispose of assets, including intellectual property or real estate.
- Grasp the significance of property rights in facilitating economic transactions and encouraging innovation.
Verified Answer
LM
lyeshia martinezJul 08, 2024
Final Answer :
C
Explanation :
Copyrights and trademarks are both types of intellectual property rights, which grant legal protection to creators of original works (copyright) and owners of unique brands or logos (trademark). This protection allows them to enforce their exclusive rights to use and profit from their creations or brands, and prevents others from using or selling them without permission.
Learning Objectives
- Grasp the significance of property rights in facilitating economic transactions and encouraging innovation.