Chapter 18

Question 1

What are types of organization

Answer 1

• Sole Proprietorship
• Partnership act
• Private limited
• Public limited

Question 2

What are 2 categories of public limited companies

Answer 2

• Listed companies

- Non-listed companies

Question 3

What are intellectual property rights

Answer 3

What you create personally and you have complete rights that nobody can copy it.

Question 4

What year first time intellectual property rights introduced

Answer 4

1874

Question 5

What is patent

Answer 5

Patent is a contract between the inventor and the government.

Question 6

What is disclosure document

Answer 6

An oath for patent process that the thing i introduce nobody else introduced it before and it has a unique use.

Question 7

Does intellectual property law started from Europe and patent started from USA

Answer 7

Yes

Question 8

What is statelessness of company

Answer 8

They are not owned in only one country

Question 9

What is patent infringement

Answer 9

Violation of patent

Question 10

What is reverse knockdown

Answer 10

A process of stealing patent by altering it.