Question
Modes of acquisition of property
Answer :
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Intellectual property (IP) rights refer to a set of legal protections granted to individuals or entities for their creations and innovations, safeguarding their exclusive rights to use, distribute, and profit from their intellectual assets. There are various modes of acquisition of IP rights, each tailored to specific types of intellectual property:
1. Copyright: Copyright is automatically acquired upon the creation of an original work, such as literature, music, or art. The creator enjoys exclusive rights to reproduce, distribute, and display their work during their lifetime plus 70 years.
2. Trademark: Trademarks are obtained through registration with a government authority. They protect distinctive
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