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# Events & Promotions

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# The development of new inventions is promoted by the

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Manager
Joined: 10 Nov 2010
Posts: 157

Kudos [?]: 336 [0], given: 6

The development of new inventions is promoted by the [#permalink]

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10 Mar 2011, 09:58
5
This post was
BOOKMARKED
00:00

Difficulty:

25% (medium)

Question Stats:

67% (01:21) correct 33% (01:34) wrong based on 443 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

Kudos [?]: 336 [0], given: 6

Senior Manager
Joined: 18 Oct 2010
Posts: 409

Kudos [?]: 70 [0], given: 115

Re: The development of new inventions [#permalink]

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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

Kudos [?]: 70 [0], given: 115

Manager
Joined: 10 Nov 2010
Posts: 157

Kudos [?]: 336 [0], given: 6

Re: The development of new inventions [#permalink]

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10 Mar 2011, 10:57
Well done heygirl!!

Kudos [?]: 336 [0], given: 6

Senior Manager
Joined: 18 Oct 2010
Posts: 409

Kudos [?]: 70 [0], given: 115

Re: The development of new inventions [#permalink]

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

Thanks I'm myself struggling to improve CR

Kudos [?]: 70 [0], given: 115

Manager
Status: Bunuel's fan!
Joined: 08 Jul 2011
Posts: 226

Kudos [?]: 55 [0], given: 55

Re: The development of new inventions is promoted by the [#permalink]

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23 Apr 2012, 12:21
One of the rare one i got under 2 min

Kudos [?]: 55 [0], given: 55

Senior Manager
Status: You have to have the darkness for the dawn to come
Joined: 09 Nov 2012
Posts: 319

Kudos [?]: 218 [0], given: 159

Daboo: Sonu
GMAT 1: 590 Q49 V20
GMAT 2: 730 Q50 V38
Re: The development of new inventions is promoted by the [#permalink]

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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.
_________________

You have to have the darkness for the dawn to come.

Give Kudos if you like my post

Kudos [?]: 218 [0], given: 159

Intern
Joined: 06 Feb 2016
Posts: 31

Kudos [?]: 6 [0], given: 1377

Re: The development of new inventions is promoted by the [#permalink]

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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

Kudos [?]: 6 [0], given: 1377

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