Asked by
Richard Luong
on Oct 09, 2024Verified
Copyrights and trademarks are examples of:
A) capital goods.
B) human capital.
C) property rights.
D) public goods.
Copyrights
A form of intellectual property protection that grants the creator exclusive rights to their original works of authorship, such as literary, musical, and artistic works.
Trademarks
Distinctive signs or symbols used by a company to identify and distinguish its products or services from those of others.
Property Rights
The legal rights to possess, use, and dispose of assets including real estate, intellectual property, and personal possessions.
- Explain the significance of property rights in promoting economic transactions and innovation.
Verified Answer
HK
Learning Objectives
- Explain the significance of property rights in promoting economic transactions and innovation.