Some resources can become economically valuable with time. For example, Raju's grandmother's home remedies have no commercial value today, but they can be patented and sold by a medical firm tomorrow. What is a patent? 1) the application of latest knowledge and skill in doing or making things 2) the exclusive right over any idea or invention 3) the application of latest equipment in doing or making things 4) the exclusive right over any person
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Q. What is patent ?
Ans. The exclusive right over any idea or invention is called patent.
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The exclusive right over any idea or invention
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