Define/Explain: Patent.
(N/A) patent is a legal right granted by the government to an inventor for their invention. It provides the inventor with exclusive rights to prevent others from making,using,or selling the invention for a specified period,thereby protecting the inventor's intellectual property and allowing them to benefit financially from their innovation.
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$(II)$ Traditional knowledge related to bio-resources can be exploited.
$(III)$ Nations are developing laws to prevent the unauthorized exploitation of their bio-resources.
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