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 p... 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
A provides proof of ownership of an invention or process
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Answer
This statement is correct because a patent serves as legal documentation that confirms ownership of the invention or process, ensuring the inventor has the exclusive rights to the idea and can take legal action against unauthorized use.
Step 2
E prevents other businesses from using the brand name
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Answer
This option is also correct as patents prevent competitors from using or producing the patented invention without permission, thereby protecting the brand and its market position.
