The government allows inventors to apply for a temporary government monopoly on their invention.The government will prevent others from making or selling the invention for a period of years to encourage innovation.What is this temporary monopoly called?
A) A trademark.
B) A patent.
C) An investment tax credit.
D) Moore's law.

Question

Quizplus · Accepted Answer

A patent is a grant for the government that allows an inventor to control the use of his or her innovation for a set period, currently 20 years. In particular, the inventor has the right to exclude others from making, using, offering for sale, or selling the invention throughout the United States.

The Government Allows Inventors to Apply for a Temporary Government