Question

The intellectual property right that is granted for inventions is ____________.

• A. Copyright
• B. Patent
• C. Trademark
• D. Licensing

Hint:

Patents are granted for inventions that provide a new, useful, and non-obvious solution to a problem, giving the inventor exclusive rights for a certain period.

Answer 1

The Correct Option is B

Step 1: Understanding intellectual property rights.
Intellectual property rights protect the creations of the mind, such as inventions, designs, and artistic works.
Step 2: Evaluate each option.
- Option (1) Copyright: Copyright protects original works of authorship, such as books, music, and artwork, but not inventions. - Option (2) Patent: A patent grants rights to inventions, such as new technologies or processes, providing the inventor exclusive rights to the invention. - Option (3) Trademark: Trademarks protect brand names, logos, and other distinctive symbols, not inventions. - Option (4) Licensing: Licensing is the process of granting permission to use intellectual property but is not an intellectual property right itself.
Step 3: Conclusion.
The correct intellectual property right for inventions is a patent.
Final Answer: \[ \boxed{\text{The intellectual property right granted for inventions is a Patent.}} \]