Commerce Short Question | Gkseries

Which among the following is not a correct statement regarding patent ?

A A patent is a legal protection granted for an invention that is new, non-obvious and useful.
B The patent grants the patent holder the exclusive right to make use or sell the patented products or process
C The exclusive purpose of the patent system is to benefit the patent holder.
D The Indian Patent Act, 1970, was amended and made effective from January 1, 2005.

Answer & Explanation

Answer:The exclusive purpose of the patent system is to benefit the patent holder.

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