The philosophy behind intellectual property laws is to: A. reward the

QUESTION

The philosophy behind intellectual property laws is to:

A. reward the originator of a new invention, book, musical record, and the like for his or her idea and effort.

B. protect consumers from being subjected to business malpractice.

C. safeguard a firm and its officers from being responsible for injury, death, or damage caused by the firm’s product.

D. eliminate monopoly in international trade.

E. ensure that the rights to manufacture, use, or sell an invention are made available to the whole society.

 

ANSWER

A
The philosophy behind intellectual property laws is to reward the originator of a new invention, book, musical record, clothes design, restaurant chain, and the like, for his or her idea and effort. Such laws stimulate innovation and creative work.

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