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Features in an Industrial Design That Are Solely Functional or Utilitarian

question 21

True/False

Features in an industrial design that are solely functional or utilitarian are not protected under the Industrial Design Act.


Definitions:

Net Cash

The amount of cash that is available after all debts and obligations have been settled, reflecting a company's liquidity.

Investing Activities

Transactions and events related to the acquisition and disposal of long-term assets and other investments, as part of a company's financial operations.

Cash Dividend

A distribution of a company's earnings to shareholders, decided by the board of directors, and paid in the form of cash.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a certain period.

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