33.Shalu has developed a musical composition it is an original composition by Shalu she has a legally recognized exclusive intellectual property right. Identify the intellectual property mentioned and also list three other intellectual property right.
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The intellectual property right mentioned here is 'Copyright'. The other three intellectual property rights are:
Patents – It is used for protecting new inventions, ideas, or processes. Patent holders need to pay periodic government renewal fees. An approved patent is for a limited time period. Know more about Patents Act in India.
Trademarks – It is something that protects the symbols, colors, phrases, sounds, design etc.
Trade Secrets – It may be strategies, systems, formulas, or other confidential information of an organization that provides them a competitive advantage in the market.
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