Final answer:
A copyright does not provide the right to publish, use, and sell equipment; this is the false statement among the options. Copyrights protect literature, music, and other artistic works, while patents protect inventions, allowing for a temporary monopoly.
Step-by-step explanation:
The question asks which of the following is not true regarding certain assets and is pertinent to intellectual property rights. Based on the provided information, the correct answer is that a copyright does not provide the right to publish, use, and sell equipment; instead, it gives the author an exclusive legal right over works of literature, music, film/video, and pictures.
It is essential to note that intellectual property rights, such as patents and copyrights, are designed to protect the rights of inventors and creators by providing them with a period of exclusive use and potential to earn profit from their works. A patent gives the inventor the right to make, use, or sell the invention for a limited period, typically up to 20 years for pharmaceuticals, thereby allowing them to capture private benefits and providing an incentive for research and development.