The Research and Development division of a company has recently designed a new coffee vending machine that is likely to sell very well in the market. It is compact, user-friendly, and provides unprecedented efficiency in terms of cost per cup. Consequently, the company fears that its competitors would soon mimic the design of their product and to protect its product, it is now seeking a _____ for the same.

Question

Quizplus · Accepted Answer

A patent is the legal protection granted to an inventor for their invention. It provides exclusive rights to the inventor for a limited period of time, preventing others from making, using, or selling the invention without their permission. In this case, the company's new coffee vending machine is an invention and can be protected by a patent to prevent competitors from copying the design. Copyright is for artistic or literary works, trademark is for logos or brands, and certification is for verifying that a product meets certain standards.

The Research and Development Division of a Company Has Recently