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The law that encompasses Intellectual Property Rights is R.A. 8293, also known as the Intellectual Property Code of the Philippines. This legislation was enacted to provide a comprehensive framework for the protection of intellectual property, which includes copyrights, trademarks, patents, and trade secrets. It aims to safeguard the rights of creators and innovators, promote creativity and innovation, and foster an environment conducive to economic growth.

Understanding the focus of R.A. 8293 is crucial because it outlines the rights of intellectual property holders, procedures for registration, and enforcement mechanisms against infringement. This knowledge is essential for individuals and businesses involved in creative industries, innovation, and entrepreneurship, as it provides the legal foundation for protecting their intellectual contributions.

The other options pertain to different legal frameworks: R.A. 9485 relates to the Anti-Red Tape Act, R.A. 9165 addresses the Comprehensive Dangerous Drugs Act, and R.A. 7836 focuses on the Professionalization of Teachers. These laws serve distinct purposes and do not encompass intellectual property rights, making them irrelevant to the question at hand.