Question

Patents are generally granted for

• A. 10 years
• B. 20 years
• C. 30 years
• D. 40 years

Answer 1

Answer: (B)

20 years

The patent is a set of exclusive rights provided to the inventor or the assigned person or group for a novel creation. These rights provide the person with the permission to use the invention and market it for obtaining a benefit. The invention can be used by some other person only with the consent of the inventor and after paying a certain royalty. Patents are generally granted for 20 years from the date when the application for the patent was filed. The patent is granted for 14 years from the date when the access was granted.

So, the correct answer is option B.