Q7. What is the purpose of patents?
A. To protect brand identity and prevent others from using similar marks.
B. To give the inventor the exclusive right to make, use, and sell the invention.
C. To give the owner the exclusive right to reproduce, distribute, and display original works of authorship.
Correct Answer: B
Explanation:
Patents are a legal protection for inventions that are new, useful, and non-obvious. Patents give the inventor the exclusive right to make, use, and sell the invention for a limited period of time, typically 20 years from the date of filing. Patents encourage innovation by providing inventors with a way to protect their ideas and profit from their inventions.
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