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The Primary Purpose of Patents and Copyrights Is to

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The primary purpose of patents and copyrights is to


Definitions:

Grace Period

A grace period is a set length of time after a due date during which a payment can be made without penalty.

Commercial Insurance

Insurance that covers some type of business risk.

Business Risk

The possibility that a company will have lower than anticipated profits or experience a loss rather than making a profit.

Insurance Agreement

is a contract between an insurance provider and a policyholder, specifying the terms for coverage of specified risks in exchange for premiums.

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