George & Co

question 14

Multiple Choice

George & Co. ,Ltd.patented an invention in Canada in 2005 for which there is huge public demand.Happy Co.is in the same line of business,and has the capacity to meet the demand for the new product.In this situation,

• A)if George & Co. ,Ltd.is not able to approach supplying the demand for the product,Happy Co.could apply for a compulsory license so it can manufacture the product.
• B)George & Co. ,Ltd.may lose its patent altogether if it cannot meet the demand.
• C)if Happy Co.is granted a compulsory licence,it must pay a reasonable royalty to George & Co. ,Ltd.
• D)all of the above
• E)none of the above

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Definitions:

Boycott

A protest in which people refuse to buy, use, or participate in something as a way of expressing disapproval or forcing change.

Montesquieu

A French philosopher known for his articulation of the theory of separation of powers, which is implemented in many constitutions around the world.

Tyranny

A form of government in which a single ruler holds absolute power and often governs without regard for justice or the rights of citizens.

French Political

Relating to the politics of France, known for its semi-presidential system, bicameral legislature, and a history of both monarchy and republicanism.