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10 March, 20:48

Multiple Choice Question 185 A patent a. is nonrenewable. b. is rarely subject to litigation because it is an exclusive right. c. has a legal life of 40 years. d. can be renewed indefinitely.

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  1. 10 March, 20:57
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    The correct answer is letter "A": is non-renewable.

    Explanation:

    A patent is a grant given to inventors over their creations so others cannot use, copy, either exploit the creation without the explicit permission of the inventor. Patents are non-renewable concessions that are usually provided for twenty (20) years, counted from the date when an application for the new invention is submitted to the U. S. Patent and Trademark Office (USPTO).
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Home » Business » Multiple Choice Question 185 A patent a. is nonrenewable. b. is rarely subject to litigation because it is an exclusive right. c. has a legal life of 40 years. d. can be renewed indefinitely.
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