Licensing Occurs When Two Patent Holders License Each Other to Use

question 42

Multiple Choice

licensing occurs when two patent holders license each other to use their patents only on the condition that neither licenses anyone else to use his or her patent without the other's consent.

• A) Parallel
• B) Congruent
• C) Counter-
• D) Cross-

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Definitions:

Standardize

The process of adjusting values measured on different scales to a notionally common scale, often used in statistical analysis to compare data points.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data; most scores are near the mean, with fewer scores at the extremes.

Z Distribution

The Z distribution is a normal distribution that has been standardized so that it has a mean of 0 and a standard deviation of 1; it's also known as the standard normal distribution.

Probability

A quantification of the chance of an event taking place, assigned a value between 0, which denotes that the event is impossible, and 1, which denotes absolute certainty of the event happening.