Question
Which of the following statements is correct regarding
Intellectual Property rights?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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