In the Reality Check Titled "Protect Your App?," What Percentage

question 30

Multiple Choice

In the Reality Check titled "Protect Your App?," what percentage of patents end up with no commercial value?

• A) 95 percent
• B) 60 percent
• C) 33 percent
• D) It doesn't matter,always get a patent

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Definitions:

Limited Liability

A legal structure that limits each owner's personal liability to the amount invested in the business.

Share Transferability

The ease with which shares of a company can be transferred or sold from one party to another.

Paid-In Capital in Excess of Par

The amount of capital received from investors for stock, above its par value, also known as additional paid-in capital.

Preferred Stock

A type of stock that gives holders priority over common stockholders in terms of dividend payments and claims on assets in the event of liquidation.