Which of the following statements is true regarding patents?
A) A patent gives the inventor the right to make, use, or sell the invention.
B) Once patented, the owner has exclusive use of it for 50 years.
C) Distinct and new varieties of plants that are produced asexually are patentable.
D) Mathematical formulas are patentable.

Question

Quizplus · Accepted Answer

A patent does not give the inventor the right to make, use, or sell the invention; rather, it gives the inventor the right to exclude others from making, using, offering for sale, or selling, the invention or design for a 20-year-period from the date of the application, which cannot be renewed. Once patented, the owner has exclusive use of it for 20 years. Mathematical formulas are not patentable. Distinct and new varieties of plants that are produced asexually are patentable.

Which of the Following Statements Is True Regarding Patents