The Only Remedy Available for Patent Infringement Is Damages

question 43

True/False

The only remedy available for patent infringement is damages.

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Definitions:

Limited Personal Liability

A legal principle whereby an individual's responsibility for business debts and obligations is restricted, typically in the context of limited liability companies or corporations.

Partnership Creditors

Individuals or entities to whom a partnership owes money or has financial obligations.

Ratify

The act of formally approving a contract or agreement, making it officially valid and enforceable.

Unauthorized Act

An action taken without official permission or beyond granted authority, often leading to disciplinary actions or legal consequences.