Intellectual Property Rights
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Questions and Answers

Intellectual property refers to physical objects such as cars and buildings.

False

Intellectual property is protected by law through patents, copyright and trademarks.

True

Intellectual property only includes inventions.

False

Intellectual property protection allows individuals to earn financial benefits from their creations.

<p>True</p> Signup and view all the answers

Intellectual property refers to anything created by an individual.

<p>False</p> Signup and view all the answers

Study Notes

Intellectual Property (IP)

  • IP refers to creations of the mind, including inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.
  • IP is protected in law by various means, such as patents, copyright, and trademarks.
  • The purpose of IP protection is to enable people to earn recognition or financial benefit from their inventions or creations.

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Description

Learn about intellectual property, including inventions, literary and artistic works, and symbols used in commerce. Understand how patents, copyright, and trademarks protect creators' rights.

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