6_Intellectual Property & Patent

What is the main purpose of Intellectual Property (IP) rights?

• To restrict innovation and creativity

• To protect intangible assets and grant exclusive rights to creators

• To allow free distribution of creative works

• To replace traditional copyright laws

What is the maximum duration of a patent in most countries?

• 10 years

• 20 years

• 50 years

• Lifetime of the inventor

Which of the following cannot be patented?

• A new method of manufacturing a product

• A computer program

• A new pharmaceutical formula

• A mechanical device

What is the key difference between a trademark and a copyright?

• Trademarks protect original artistic works, while copyright protects brand names and logos

• Copyright protects creative works, while trademarks protect brand identity

• Copyright applies only to written documents, while trademarks apply only to products

• Trademarks have a fixed duration, while copyright lasts forever

Which type of Intellectual Property protection applies to the visual appearance of a product?

• Patent

• Copyright

• Trademark

• Design