Which of the Following Is Not a Characteristic of Technology

question 121

Multiple Choice

Which of the following is not a characteristic of technology?

• A)It requires trademarks and copyrights in order for those developing it to be compensated.
• B)It is possible for more than one person to use the good at the same time.
• C)It is easy to preclude others from using it.
• D)It is difficult to preclude others from using the good.
• E)Its supply depends on the cost of producing it.

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Definitions:

Perfected

In legal and financial contexts, it refers to the completion of all necessary legal steps to validate a security interest against third parties.

Security Agreement

A legal contract in which a borrower pledges an asset as collateral for a loan, securing the interest of the lender.

Security Interest

A security interest is a legal claim or lien on collateral, granted to a lender or creditor to secure repayment of a debt or loan.

Perfected

In legal terms, it refers to the completion of all required steps to enforce a security interest or lien against third parties, particularly after default.