The owners of WedgeWelly needed to protect their design by using a patent - Edexcel - GCSE Business - Question 14 - 2016 - Paper 1
Question 14
The owners of WedgeWelly needed to protect their design by using a patent.
What are two possible benefits of a patent?
A patent:
Select two answers.
A
provides proo... show full transcript
Worked Solution & Example Answer:The owners of WedgeWelly needed to protect their design by using a patent - Edexcel - GCSE Business - Question 14 - 2016 - Paper 1
Step 1
provides proof of ownership of an invention or process
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Answer
A patent establishes legal recognition of ownership, ensuring inventors have official documentation to prove their rights over their inventions.
Step 2
establishes sole rights to the use of a product
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Answer
A patent allows the holder exclusive rights to utilize, make, and sell the patented product, effectively preventing others from exploiting the same idea without permission.