FTCE Professional Education Practice Exam 2025 - Free Professional Education Practice Questions and Study Guide

Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. When a work is created by an individual, it is eligible for copyright protection, which grants the creator exclusive rights to use and distribute their work. This legal framework encourages creativity and innovation by allowing creators to benefit from their inventions and ideas.

The other options highlight misunderstandings of intellectual property. Publicly shared works that cannot be copyrighted are typically works in the public domain or those that have not been fixed in a tangible medium. Collaborative works can have ownership issues, but the correct understanding emphasizes individual creation and the subsequent copyright eligibility. Lastly, while works may belong to groups, intellectual property rights generally pertain to the original creator or, in specific cases, the entity they represent, rather than a broad ownership structure.