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Business law Chris is an avid cyclist but his wife is not equally keen. Because he wants her company, he has designed a unique motorized
Business law
Chris is an avid cyclist but his wife is not equally keen. Because he wants her company, he has designed a unique motorized bicycle for her that is solar powered. His wife is thrilled! She suggests that he patent the product so that others can enjoy cycling. Based on your readings of the Business Law Textbook, one can advise Chris that: Select one: O a. Chris's invention cannot be patented as motorized bikes already exist. O b. Chris's patent, if granted, will give him a monopoly b. for a maximum period of 10 years from the date of application C. If Chris permits others to manufacture the solar powered bike he will lose his monopoly, so unless he has the resources to manufacture the product himself, there is no benefit to securing a patent. O d. To secure a patent, Chris will need to disclose how the bicycle works. It must be possible to construct and use the solar powered bicycle based on the Step by Step Solution
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