Artificial Intelligence Inc

question 53

Multiple Choice

Artificial Intelligence Inc. sells to Beta Bots Corporation a promising idea for a technological innovation that is still being developed and that looks very promising. This is

• A) ethical and legal.
• B) unethical but legal.
• C) illegal and unethical.
• D) unethical and illegal.

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Definitions:

Promissory Note

A written and signed promise to pay a specified sum of money to a particular person or bearer on a specified date.

Compounded Semi-Annually

The process of calculating interest on both the initial principal and the accumulated interest over half-year periods.

Annual Rate of Appreciation

The rate at which an investment or real estate increases in value over a one-year period, expressed as a percentage.

Quarterly Compounded

Refers to the process of calculating and adding interest to the principal amount of an investment or loan on a quarterly basis.