Which statement about industrial property is true?

Which statement about industrial property is true?

• A. It covers literary works
• B. It includes patents for inventions and industrial designs
• C. It is identical to copyright
• D. It includes internet domain names

Answer: (B)

Industrial property is the part of intellectual property that protects practical and commercial assets like inventions, designs, and brands. It includes patents for inventions and for industrial designs, which give exclusive rights to the inventor or designer for a defined period. Patents cover new, useful inventions with technical merit, while industrial designs protect the appearance or ornamental aspects of a product. Protection of literary works falls under copyright, which covers original expressions such as books, articles, software code, and music—not inventions or product designs. Domain names are not a fundamental category of industrial property; they relate more to trademark rights and internet governance, though a domain name can be protected if it functions as a trademark. Therefore, the statement that industrial property includes patents for inventions and industrial designs is true.

Industrial property is the part of intellectual property that protects practical and commercial assets like inventions, designs, and brands. It includes patents for inventions and for industrial designs, which give exclusive rights to the inventor or designer for a defined period. Patents cover new, useful inventions with technical merit, while industrial designs protect the appearance or ornamental aspects of a product. Protection of literary works falls under copyright, which covers original expressions such as books, articles, software code, and music—not inventions or product designs. Domain names are not a fundamental category of industrial property; they relate more to trademark rights and internet governance, though a domain name can be protected if it functions as a trademark. Therefore, the statement that industrial property includes patents for inventions and industrial designs is true.