Examlex
Which of the following statements is true?
Patent
An exclusive legal right granted to an inventor for a fixed period of time, to make, use, and sell an invention.
Exclusive Right
Indicates a legal entitlement or privilege granted to an individual or company, restricting others from engaging in similar use or activity.
Years
Units of time comprising 365 or 366 days, divided into 12 months, used to measure the duration of events and the intervals between them.
Fee Simple Absolute
The most complete form of property ownership, allowing the owner unlimited rights to their property.
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