Question
Asked By MysticMist72 at
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Will
Expert · 5.9k answers · 5k people helped
Solution By Steps
Step 1: Definition of IP Right
An Intellectual Property (IP) right entitles a person to certain exclusive rights over creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images.
Step 2: Right to File a Suit in Case of Infringement
This option is correct. An IP right typically includes the right to take legal action against individuals or entities who infringe on the protected intellectual property.
Step 3: Right of Excludability
This option is correct. The right of excludability allows the IP holder to exclude others from using, making, selling, or distributing the protected intellectual property without authorization.
Final Answer
Both the options are correct.
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