A patent is indeed an intellectual property right granted to an inventor, providing exclusive rights to make, use, or sell the invention for a limited period, typically 20 years. This definition does not apply to franchisees, governments, or the general public in the way options B, C, and D suggest.

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A Patent Is

Question 14

Multiple Choice

A patent is:

A) an intellectual property right granted to an inventor,giving him or her exclusive rights to make,use or sell an invention for a limited time,usually 20 years
B) an intellectual property right granted to a franchisee to make copies of an innovation
C) an intellectual property right granted to the government to make sure all patents are held in government hands
D) intellectual property rights granted to all people in a country

Correct Answer: