Question
Which of the following statements is incorrect about
Intellectual Property?Solution
- Statement (a) is incorrect because a patent only grants exclusive rights to make, use, or sell an invention within the country where it is granted. It does not provide worldwide protection unless filed in multiple countries.
- Statement (b) is correct as trade secrets can be protected indefinitely, provided the information remains confidential.
- Statement (c) is correct; trademarks are valid for 10 years, after which they need to be renewed to maintain protection.
- Statement (d) is correct: Copyright is granted automatically upon the creation of an original work, though registration provides additional legal advantages.
What is NOT a common express condition in an insurance policy?
What covers professionals for negligence and errors or omissions that injure their clients?
The primary categories of insurance business in India are:
Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
Coverage against loss through stealing by individuals not in a position of trust is called?
What is the liability of individuals, corporations, or partnerships for accidents caused by people other than employees for whose acts or omissions the ...
_____________ is the only public sector company in the field of life insurance in India
__________ in insurance is the splitting or spreading of risk among multiple parties.
What is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster?
The section of the policy that outlines what is NOT covered is called:
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