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Why is protecting intellectual property important in entrepreneurship?

Answer and explanation

Correct answer: It can legally protect an original idea, name or invention

Intellectual property rights can protect different creations in different ways: patents may protect eligible inventions, trademarks may protect distinctive names or symbols, and copyright may protect original creative work. Such protection does not remove every competitor or guarantee sales. Thus option A is correct.

Related tags

Intellectual PropertyPatentIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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