A patent:
A)Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 70 years.
B)Is an exclusive right granted to its owner to manufacture and sell a device or to use a process for 20 years.
C)Is an exclusive right granted to its owner to manufacture and sell a device or to use a process for 50 years.
D)Is the amount by which the value of a company exceeds the fair market value of a company's net assets if purchased separately.
E)Gives its owner the exclusive right to publish and sell a musical or literary work during the life of the creator plus 17 years.

Question

Quizplus · Accepted Answer

A patent is an exclusive right granted to its owner to manufacture and sell a device or to use a process for 20 years. This is typically granted by a government agency to the inventor in order to promote innovation and invention.

A Patent