A(n) is an exclusive right to make, use, and sell an invention and is granted by a government to the inventor.

Patent

Explanation: Patent refers to the legal right that an individual receives that gives him the sole power to use, import, sell or produce a unique commodity invented by him. The patent right stands for a limited number of years usually and the holder of patent must establish an enabling public disclosure.

The patent right results in monopoly as everyone other than the holder of the right could not produce or sell the patented commodity.

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