Which of the Following Statements Is True About Common Illegal

question 51

Multiple Choice

Which of the following statements is true about common illegal uses of patents?

• A) A tying arrangement occurs when the patent holder issues a license to use the patented object only if the licensee agrees also to buy some non-patented product from the holder.
• B) A tying arrangement occurs when the patent holder issues a license to use the patented object in a manner dictated by the patent holder.
• C) Cross-licensing occurs when two patent holders sell their patents to one another.
• D) Cross-licensing occurs when a patent holder extends his or her patent to cover a similar object.

---

Definitions:

Fraud Visibility

The measure of how easily fraudulent activities or anomalies can be detected within a system or process.

Bookkeeping

The recording of financial transactions, and is part of the process of accounting in business, which involves maintaining accurate and systematic records of a company's financial transactions.

Checkbook Register

A document, often accompanying a checkbook, that allows individuals to track their deposits, withdrawals, and current balance for their bank account.

Single-entry System

A basic accounting method where entries are recorded only once, either as an expense or income, making it less intricate but less accurate than the double-entry system.