Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter A.3, Problem 6TP
Summary Introduction

To determine: The numbers of years, a patent can be protected from the infringement.

Introduction: Patent is a legal power which is provided by the sovereign authority to the investor to make and sell its invention and it creates a restriction that others cannot make or sell that product and service.

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What do copyright and patents protect? What are the periods for which ownership of copyrights or patents subsist? In what circumstances can a person use copyright material without the consent of the owner? What are the two types of patents and why would a person apply for one or other of the patent types?
what is the importance of patent and copyrights?
Is it always good for a unique invention to file a patent? Explain
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