Home Biology Biotechnology and Its Application Ethical Issues A monopoly granted to a person who has eithe…
Biology Biotechnology and Its Application Ethical Issues Single Correct MCQ
Published on: August 13, 2026

A monopoly granted to a person who has either invented a new and useful article, made improvement in an existing article or invented a new process of making an article is called

A
Biopiracy
B
Bioethics
C
Patent
D
Genetic information

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Text Solution

Verified by Experts
The correct answer is:
C

• A patent is a legal monopoly granted to an inventor for:

• Creating a new and useful article

• Improving an existing article

• Developing a new process for making an article

• It gives the inventor exclusive rights to use or sell the invention for a limited period.

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