Question

    Which of the following statements is correct regarding

    Intellectual Property rights?
    A A trademark can only be granted for a logo or brand name. Correct Answer Incorrect Answer
    B A trade secret is protected without the need for registration as long as it remains confidential. Correct Answer Incorrect Answer
    C A patent is granted for an indefinite period, provided the invention remains in use. Correct Answer Incorrect Answer
    D Copyright is applicable only to tangible works and does not cover digital works. Correct Answer Incorrect Answer

    Solution

    • Statement (a) is incorrect as a trademark can also apply to sounds, colors, or even packaging designs, not just logos or brand names.
    • Statement (b) is correct: A trade secret is protected as long as it remains confidential, and there is no need for formal registration to keep it protected.
    • Statement (c) is incorrect as patents generally last for a period of 20 years from the filing date, after which the invention enters the public domain.
    • Statement (d) is incorrect because copyright applies to both tangible and digital works, including software, music, and films.

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