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The development of new inventions is promoted by the

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Manager
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Joined: 10 Nov 2010
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The development of new inventions is promoted by the [#permalink]

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New post 10 Mar 2011, 09:58
4
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

68% (02:22) correct 32% (01:33) wrong based on 426 sessions

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The development of new inventions is promoted by the
granting of patent rights, which restrict the right of
anyone but the patent holders to profit from these
inventions for a specified period. Without patent rights,
anyone could simply copy another’s invention;
consequently, inventors would have no financial
incentive for investing the time and energy required to
develop new products. Thus, it is important to continue
to grant patent rights, or else no one will engage in
original development and consequently no new
inventions will be forthcoming.
Which one of the following is an assumption on which
the argument depends?
(A) Financial reward is the only incentive that will
be effective in motivating people to develop
new inventions.
(B) When an inventor sells patent rights to a
manufacturer, the manufacturer makes less total
profit on the invention than the inventor does.
(C) Any costs incurred by a typical inventor in
applying for patent rights are insignificant in
comparison to the financial benefit of holding
the patent rights.
(D) Patent rights should be granted only if an
inventor’s product is not similar to another
invention already covered by patent rights.
(E) The length of a patent right is usually
proportional to the costs involved in inventing
the product.
[Reveal] Spoiler: OA
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Re: The development of new inventions [#permalink]

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New post 10 Mar 2011, 10:36
This is an assumption questions. Hence, I used the negation technique. Only A seems to weaken the conclusion and make it invalid.

First, locate the conclusion : The conclusion is "it is important to continue to grant patent rights, or else no one will engage in original development and consequently no new inventions will be forthcoming"

A - if we negate "Financial reward is not necessarily an incentive for developingn ew inventions". This is false. The passage clearly mentions that Financial reward is imp. Hence, best answer.

B - Not relevant to the passage.

c - Conclusion does not talk about holding patent right but talks about granting patent rights.

D - Irrelevant

E- Irrelevant
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Re: The development of new inventions [#permalink]

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New post 10 Mar 2011, 10:57
Well done heygirl!!
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Re: The development of new inventions [#permalink]

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New post 10 Mar 2011, 11:48
vjsharma25 wrote:
Well done heygirl!!

Thanks :) I'm myself struggling to improve CR :-D
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Re: The development of new inventions is promoted by the [#permalink]

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New post 23 Apr 2012, 12:21
One of the rare one i got under 2 min
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Concentration: Operations, Technology
Schools: LBS '19, INSEAD Jan '17, HEC Dec"18, IESE '19, IIMA , IE Jan18 Intake
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Re: The development of new inventions is promoted by the [#permalink]

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New post 25 Oct 2016, 03:23
vjsharma25 wrote:
The development of new inventions is promoted by the
granting of patent rights, which restrict the right of
anyone but the patent holders to profit from these
inventions for a specified period. Without patent rights,
anyone could simply copy another’s invention;
consequently, inventors would have no financial
incentive for investing the time and energy required to
develop new products. Thus, it is important to continue
to grant patent rights, or else no one will engage in
original development and consequently no new
inventions will be forthcoming.
Which one of the following is an assumption on which
the argument depends?
(A) Financial reward is the only incentive that will
be effective in motivating people to develop
new inventions.
(B) When an inventor sells patent rights to a
manufacturer, the manufacturer makes less total
profit on the invention than the inventor does.
(C) Any costs incurred by a typical inventor in
applying for patent rights are insignificant in
comparison to the financial benefit of holding
the patent rights.
(D) Patent rights should be granted only if an
inventor’s product is not similar to another
invention already covered by patent rights.
(E) The length of a patent right is usually
proportional to the costs involved in inventing
the product.


SImply A will be our answer. Negated A will shatter the conclusion.
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Re: The development of new inventions is promoted by the [#permalink]

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New post 30 Oct 2016, 01:00
Hi All,

In some cases we try to avoid options having extreme words e.g. only.
Suppose we get such type of questions at the last moment, how to deal with them??

- Abhijit
Re: The development of new inventions is promoted by the   [#permalink] 30 Oct 2016, 01:00
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