Patent Right gives the owner the exclusive right to?

Assessment: WAEC SSCE - Commerce - 1991 (Objective) Subject: Commerce

Question 1 Report

Patent Right gives the owner the exclusive right to?
Answer Details
Patent right gives the owner the exclusive right to his or her invention. This means that the owner has the legal authority to prevent others from making, using, selling, or importing the invention without permission. In other words, the owner has the sole right to produce and sell the invention, or license the invention to others for a fee. The patent right does not give the owner the right to form a new business or produce the same goods with other manufacturers unless they have permission to do so.

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