Which of the following statements is incorrect about
Intellectual Property?
AA patent grants the exclusive right to sell an invention worldwide.Correct AnswerIncorrect Answer
BTrade secrets can be protected indefinitely as long as they remain secret.Correct AnswerIncorrect Answer
CA trademark is valid only for 10 years, after which it must be renewed.Correct AnswerIncorrect Answer
DCopyright is automatically granted when a work is created, without the need for registration.Correct AnswerIncorrect Answer
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.
