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14. __________________ are the legal rights of ownership on which others are not allowed to infringe without paying compensation.

a. Copyrights

b. Patents

c. Property rights

d. Bargaining rights

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Raushan RajLv8

28 Oct 2020

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Related questions

Even-handed enforcement of contracts fuels economic prosperity because it

A permits individuals to invade or infringe on the property rights of others.

B increases transaction costs.

C increases market uncertainty and the probability of contract violations.

D promotes gains from trade by minimizing the costs of entry and enforcement of contracts.

Answer the following:

(a) What are intellectual property rights (IPRs)?
(b) Discuss the similarities and differences in the following: Patents, Trademarks, Copyrights
(c) What is the optimum duration of Trademarks?

8. Which of the following are not ways to correct market failure:

a. Coase Bargaining

b. Assigning Property rights

c. Legislative and Executive Regulations

d. These are all ways to correct market failure

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