A patent I. provides temporary monopoly power to the company that receives it. II. usually does not expire. III. is issued by the government.
A) II only
B) I and II only
C) I and III only
D) I, II, and III

Question

Quizplus · Accepted Answer

I is correct as a patent provides temporary monopoly power to the company that receives it, usually for 20 years from the filing date of the patent application. II is incorrect as patents do expire after their allotted time period. III is correct as patents are indeed issued by the government.

A Patent I