Patent and copyright laws
A)encourage creative activity.
B)promote competition among firms.
C)discourage creative activity.
D)Both a and b are correct.

Question

Quizplus · Accepted Answer

Patent and copyright laws encourage creative activity by providing legal protection and financial incentive for individuals and firms to invest resources into developing new inventions and creative works. These laws grant exclusive rights to inventors and creators to use and profit from their intellectual property, which can inspire further innovation and economic growth.

Patent and Copyright Laws