Rob is selling a business with machinery that has been protected from unauthorized use or infringement for the next three years. What type of intangible asset does this involve?
A) goodwill
B) trademark
C) patent right
D) copyright

Question

Quizplus · Accepted Answer

Patent rights grant the owner exclusive rights to use, make, sell, or distribute the invention or discovery for a certain period of time, typically 20 years from the filing date, which aligns with the protection described for the machinery.

Rob Is Selling a Business with Machinery That Has Been