The following statements are related to patents. Which of the following statements that are not correct.
Statement I Patent is aimed to encourage economic and technological development.
Statement II Patent can be protected only for a limited period.
Statement III The law of patent is international in its operation.
Statement IV When the patent right expire, the technology becomes public property.
A. Statements II, III and IV are not correct
B. Statements II and IV are not correct
C. Statement III is not correct
D. Statement IV is not correct
Answer: Option B
This Question Belongs to Management >> Foreign Trade Policy
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