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How Can the Economic Justification for Protecting IP Rights Be

Question 4

Multiple Choice

How can the economic justification for protecting IP rights be best explained?


A) IP protection is essential for the maintenance of the right of the creator to earn an income.
B) IP rights provide a financial incentive to motivate people to be innovative for the wider economic benefit of the community.
C) IP protection advances society economically by allowing the benefits of new creations and technologies to be disseminated freely and widely.
D) IP protection provides an economic benefit to creators by allowing intangible products to produce wealth.

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