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Alan Could Apply the Principles of Economic Decision Making To

question 77

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Alan could apply the principles of economic decision making to:


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Intellectual Property

Intangible creations of the human intellect that are accorded legal rights of ownership and use.

Inventor

An individual who creates a new product or process through innovative thinking and experimentation.

Patent

A patent is a legal right granted to an inventor, giving them exclusive rights to produce, use, and sell their invention for a certain period.

Contract Law

The body of law that governs the creation, enforcement, and termination of contracts between parties.

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