Intellectual Property

question 298

Multiple Choice

Intellectual property

• A) is protected by common law rather than by written laws.
• B) is protected by people's sense of decency rather than by written laws.
• C) belongs to everyone with the necessary human capital to use it.
• D) is often protected by copyrights and patents.

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Definitions:

High-income Receivers

Individuals or entities that receive a significantly higher amount of income compared to the median or average levels within a society or economic system.

Benefits-received Principle

A theory in taxation that argues taxpayers should pay taxes in proportion to the benefits they receive from government services.

Entry Fees

charges that must be paid to gain access to a service, event, or establishment.