A standard patent provides a quick & cheap means of protection for lower level inventions that have a short commercial life.

Question

Quizplus · Accepted Answer

This statement is not true. A standard patent is a more expensive and time-consuming means of protection for higher level inventions that have a longer commercial life. Lower level inventions may be eligible for other forms of protection such as utility models or design patents which can be quicker and cheaper to obtain.

A Standard Patent Provides a Quick & Cheap Means of Protection