Examlex
Which statement is correct?
Patent Law
is a legal framework that gives inventors exclusive rights to their inventions for a certain period, protecting them from unauthorized use, production, or sale.
Socialize Losses
The practice of distributing the financial burdens of failures, such as bank failures or large-scale corporate bailouts, across the broader society or government, rather than allowing them to fall solely on those responsible.
Privatize Gains
The concept of transferring profits or benefits from public to private ownership, often criticized for benefiting a select few at the expense of the broader public.
Government Guarantees
Assurances provided by the government to back loans, investments, or other financial transactions.
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