A Patent Allows the Inventor to Prevent Others from Making

question 28

True/False

A patent allows the inventor to prevent others from making or selling an invention for a period of years to encourage innovation.

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Definitions:

SEC

stands for the Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws, and ensuring market stability.

Administrative Process

The procedures and actions taken by administrative agencies executing laws, including rule-making, enforcement, and adjudication.

Judicial Review

The power of courts to assess the constitutionality of legislative and executive acts, or the actions of public bodies and officials.

Administrative Agencies

Governmental bodies that have the authority to implement and administer particular legislation.