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Stronger patent laws are needed to protect inventions from

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Stronger patent laws are needed to protect inventions from [#permalink] New post 18 Feb 2013, 17:32
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

69% (02:01) correct 31% (01:14) wrong based on 47 sessions
Stronger patent laws are needed to protect inventions from being pirated. With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. Such investment frequently results in an increase in a manufacturer’s productivity.
Which of the following conclusions can most properly be drawn from the information above?

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.
(B) Increased productivity in manufacturing is likely to be accompanied by the creation of more manufacturing jobs.
(C) Manufacturers will decrease investment in the development of new products and technologies unless there are stronger patent laws.
(D) The weakness of current patent laws has been a cause of economic recession.
(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.


I chose A on the following lines.

Scope of the Argument:

1. Investments in Patents
2. Productivity
3. Patent Laws

According to the scopes, options B, C, and D become out of scope. I am unable to choose between A & E. :?
[Reveal] Spoiler: OA
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Re: Stronger patent laws are needed to protect inventions from [#permalink] New post 19 Feb 2013, 02:49
Expert's post
ankit546 wrote:
Stronger patent laws are needed to protect inventions from being pirated. With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. Such investment frequently results in an increase in a manufacturer’s productivity.
Which of the following conclusions can most properly be drawn from the information above?

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.
(B) Increased productivity in manufacturing is likely to be accompanied by the creation of more manufacturing jobs.
(C) Manufacturers will decrease investment in the development of new products and technologies unless there are stronger patent laws.
(D) The weakness of current patent laws has been a cause of economic recession.
(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.


I chose A on the following lines.

Scope of the Argument:

1. Investments in Patents
2. Productivity
3. Patent Laws

According to the scopes, options B, C, and D become out of scope. I am unable to choose between A & E. :?



i do not why you have doubts about A. A is clearly NOT stated in the argument at all. If you dissect the argument

1) Stronger patent laws are needed to protect inventions from being pirated. to prevent frauds


2) With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. is clear I guess


3) Such investment frequently results in an increase in a manufacturers productivity. something leads to something else. is clear

Hope this helps
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Re: Stronger patent laws are needed to protect inventions from [#permalink] New post 19 Feb 2013, 04:20
ankit546 wrote:
Stronger patent laws are needed to protect inventions from being pirated. With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. Such investment frequently results in an increase in a manufacturer’s productivity.
Which of the following conclusions can most properly be drawn from the information above?

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.
(B) Increased productivity in manufacturing is likely to be accompanied by the creation of more manufacturing jobs.
(C) Manufacturers will decrease investment in the development of new products and technologies unless there are stronger patent laws.
(D) The weakness of current patent laws has been a cause of economic recession.
(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.


I chose A on the following lines.

Scope of the Argument:

1. Investments in Patents
2. Productivity
3. Patent Laws

According to the scopes, options B, C, and D become out of scope. I am unable to choose between A & E. :?

The scope is incorrectly identified... It's not investment in patents but investment in development of something that could be patented...so there is no role of a financial institution here...hence A is far from a final answer.
you've already shortlisted the correct one,E it is.
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Re: Stronger patent laws are needed to protect inventions from [#permalink] New post 19 Feb 2013, 08:52
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Expert's post
ankit546 wrote:
Stronger patent laws are needed to protect inventions from being pirated. With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. Such investment frequently results in an increase in a manufacturer's productivity.

Which of the following conclusions can most properly be drawn from the information above?

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.
(B) Increased productivity in manufacturing is likely to be accompanied by the creation of more manufacturing jobs.
(C) Manufacturers will decrease investment in the development of new products and technologies unless there are stronger patent laws.
(D) The weakness of current patent laws has been a cause of economic recession.
(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.

I chose A on the following lines.

Scope of the Argument:

1. Investments in Patents
2. Productivity
3. Patent Laws

According to the scopes, options B, C, and D become out of scope. I am unable to choose between A & E. :?


Hi Ankit,

This is a conclusion question, and the correct answer to a conclusion "Must be True" according to the stimulus. An answer choice for which we have to assume anything extra can be safely eliminated.

The correct answer to these questions could be of two types:

i) Restatement of a premise already mentioned in the stimulus
ii) A logical result of combining tow or more premises


Lets consider both the answer choices A and E

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.

Here you have to make an assumption that the financial institutions are investing in manufacturing companies. In real life this is a common thing but, the manufacturer could also invest its own profits into research and development of new products. This will not benefit financial institution. So this choice will not be "Must be True" based on the stimulus.

If the choice would have been worded as under it would have been correct:

(A) Stronger patent laws tend to benefit manufacturers. --> this must be true as per the passage.

Strict patent laws --> Protect manufacturers

manufacturers protected --> they get encouraged to invest in R&D

Investment in R&D --> increased productivity

Logical conclusion: Strict patent laws --> increased productivity


Now (E)

(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.

This choice is a logical conclusion that we derived above. No new assumption has to be made for this to be true. Therefore it "Must be True" based on the premises given in the stimulus.

Hope it helps,
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Status: All in for MBA
Joined: 26 Mar 2012
Posts: 37
Concentration: Operations, Strategy
GMAT 1: 690 Q49 V34
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Kudos [?]: 9 [0], given: 34

Re: Stronger patent laws are needed to protect inventions from [#permalink] New post 19 Feb 2013, 09:55
Vercules wrote:
ankit546 wrote:
Stronger patent laws are needed to protect inventions from being pirated. With that protection, manufacturers would be encouraged to invest in the development of new products and technologies. Such investment frequently results in an increase in a manufacturer's productivity.

Which of the following conclusions can most properly be drawn from the information above?

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.
(B) Increased productivity in manufacturing is likely to be accompanied by the creation of more manufacturing jobs.
(C) Manufacturers will decrease investment in the development of new products and technologies unless there are stronger patent laws.
(D) The weakness of current patent laws has been a cause of economic recession.
(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.

I chose A on the following lines.

Scope of the Argument:

1. Investments in Patents
2. Productivity
3. Patent Laws

According to the scopes, options B, C, and D become out of scope. I am unable to choose between A & E. :?


Hi Ankit,

This is a conclusion question, and the correct answer to a conclusion "Must be True" according to the stimulus. An answer choice for which we have to assume anything extra can be safely eliminated.

The correct answer to these questions could be of two types:

i) Restatement of a premise already mentioned in the stimulus
ii) A logical result of combining tow or more premises


Lets consider both the answer choices A and E

(A) Stronger patent laws tend to benefit financial institutions as well as manufacturers.

Here you have to make an assumption that the financial institutions are investing in manufacturing companies. In real life this is a common thing but, the manufacturer could also invest its own profits into research and development of new products. This will not benefit financial institution. So this choice will not be "Must be True" based on the stimulus.

If the choice would have been worded as under it would have been correct:

(A) Stronger patent laws tend to benefit manufacturers. --> this must be true as per the passage.

Strict patent laws --> Protect manufacturers

manufacturers protected --> they get encouraged to invest in R&D

Investment in R&D --> increased productivity

Logical conclusion: Strict patent laws --> increased productivity


Now (E)

(E) Stronger patent laws would stimulate improvements in productivity for many manufacturers.

This choice is a logical conclusion that we derived above. No new assumption has to be made for this to be true. Therefore it "Must be True" based on the premises given in the stimulus.

Hope it helps,



Thanks a lot guys.

Hi Vercules,

For the option A, I had taken into consideration that only financial institutions will invest. Now the answer seems much clearer.
Re: Stronger patent laws are needed to protect inventions from   [#permalink] 19 Feb 2013, 09:55
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