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GCFA · Question #98

GCFA Question #98: Real Exam Question with Answer & Explanation

The correct answer is D. Patent. A patent is the legal mechanism that grants an inventor exclusive rights for a fixed term in exchange for publicly disclosing the invention.

Question

Which of the following is a set of exclusive rights granted by a state to an inventor or his assignee for a fixed period of time in exchange for the disclosure of an invention?

Options

  • ASnooping
  • BCopyright
  • CUtility model
  • DPatent

Explanation

A patent is the legal mechanism that grants an inventor exclusive rights for a fixed term in exchange for publicly disclosing the invention.

Common mistakes.

  • A. Snooping refers to unauthorized interception or monitoring of network traffic or data, and is a security threat, not an intellectual property right.
  • B. Copyright protects original creative and artistic works such as literature, software code, or music - not inventions or functional innovations.
  • C. A utility model (also called a 'petty patent') is a similar but weaker IP right used in some jurisdictions for minor improvements, and is a subset of patent-like protections, not the primary definition described.

Concept tested. Intellectual property - patent definition and rights

Reference. https://www.wipo.int/patents/en/

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