A Utility Patent Can Be Obtained for a New Product

question 37

True/False

A utility patent can be obtained for a new product or process or the "idea" for a new product or process.

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Definitions:

Commoditization

The process by which goods or services become undifferentiated in the eyes of the consumer, leading to competition based primarily on price rather than features or quality.

Leadership

The act of guiding, directing, or influencing a group towards achieving a common goal, often involving qualities such as vision, communication, and decision-making.

Top of Mind Awareness

The first brand or product that comes to a consumer's mind when thinking about a particular industry or category.