The intellectual property Act

Question 1

What is the Intellectual property act?

Answer 1

The intellectual property act is a law which encourages the creation of a wide variety of intellectual goods.

Question 2

What do we mean by intellectual property?

Answer 2

It gives a person certain exclusive rights to a distinct type of creative design, meaning that nobody else can copy or reuse that creation without the owner’s permission.

Question 3

How is it protected?

Answer 3

The intellectual property act protects creators by using copyright law. This allows for the creator to gain all the profit without having to deal with a fraud creator gaining lost profit.

Question 4

Give a example of who would be a victim of fraud. (e.g. author)

Answer 4

Inventors, designers, developers and authors