The Only Features of an Industrial Design That Are Protected

question 40

True/False

The only features of an industrial design that are protected under the Industrial Design Act, are features of shape, configuration, pattern or ornament, and combinations of these, that are appealing to the eye and judged in that regard only.

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Definitions:

Production Targets

Specific goals set for the quantity of products to be produced within a certain time frame.

Invisible Hand

A concept introduced by Adam Smith to describe the self-regulating nature of the market, where individual self-interests unintentionally benefit the economy as a whole.

Market Failures

Circumstances where a free market's distribution of goods and services is inefficient, frequently warranting the involvement of the government.

National Economic Plan

A comprehensive strategy formulated by a government to stabilize the economy and stimulate growth.