A Patent Gives a Manufacturer of Goods Exclusive Rights to Its

question 269

Multiple Choice

A patent gives a manufacturer of goods exclusive rights to its production for 17 years.A major difference between products and services is that

• A)services can be patented for the life of the creator.
• B)services can be patented for 21 years.
• C)services can be patented only for 10 years.
• D)services cannot be patented.
• E)there is no need to patent services.

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Definitions:

Injury

Physical harm or damage to an individual's body, or harm in legal contexts to someone's rights or reputation.

Mutual Rescission

An agreement between parties to terminate their contract and restore them to their original positions as if the contract had never existed.

Consideration

Consideration is a legal concept referring to something of value promised, given, or received in return to form the basis of a contract.

Services

Activities performed to meet the needs of customers or clients, often in exchange for payment.