Asked by Hussain Khudair on Jun 09, 2024
Verified
The right or license granted to an individual or group to market another company's goods or services is called a patent.
Patent
A legal right granted by the government to an inventor, granting exclusive use of an invention for a certain period of time, preventing others from making, using, or selling the invention without permission.
- Become familiar with the notion of a franchise and the common fee configurations associated with it.
Verified Answer
LA
Lizzy AlvarezJun 15, 2024
Final Answer :
False
Explanation :
The right or license granted to an individual or group to market another company's goods or services is called a franchise. A patent is a form of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of years.
Learning Objectives
- Become familiar with the notion of a franchise and the common fee configurations associated with it.
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