A patent
A)grants the creator of a book, film, or piece of music the exclusive right to use the creation for 20 years.
B)grants the creator of a book, film, or piece of music the exclusive right to use the creation during the creator's lifetime.
C)gives a firm the exclusive right to a new product for 20 years from the date the patent application is filed with the government.
D)gives a firm the exclusive right to a new product during the product inventor's lifetime.

Question

Quizplus · Accepted Answer

A patent grants a firm the exclusive right to a new product for 20 years from the date the patent application is filed with the government. This means that during this time, no other firm can manufacture, sell or use the invention without the permission of the patent holder. The purpose of patents is to encourage innovation and reward inventors for their contributions to society.

A Patent