Question

Which of the following options is NOT considered an intellectual property?

• A. Trademark
• B. Patent
• C. Real Estate
• D. Geographical indications

Hint:

IP includes intangible assets like inventions, designs, symbols, and names. Tangible assets like land and buildings (real estate) are excluded from IP classification.

Answer 1

The Correct Option is C

Step 1: Understand Intellectual Property (IP)
Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, symbols, names, and images used in commerce.
Step 2: Evaluate each option
- Trademark: A type of intellectual property consisting of recognizable signs or expressions identifying products or services.
- Patent: A form of IP that gives inventors exclusive rights to their inventions.
- Geographical indications: IP rights that identify goods as originating from a specific place with qualities or reputation due to that location.
- Real Estate: Refers to physical property or land, which is not an intellectual creation, hence not intellectual property.
Therefore, Real Estate is not considered intellectual property.