Which of the Following Is the Next Step in the Process

question 32

Multiple Choice

Which of the following is the next step in the process of obtaining a patent after contacting a patent attorney?

• A) The attorney does a patent search to make sure that no other similar patent exists.
• B) The attorney files a patent application with the Patent Office.
• C) The attorney attends a legal hearing so a judge can evaluate the patent application.
• D) The U.S. Patent Office checks if two copies of the patent design have been submitted to the Library of Congress.

---

Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.

Price Volatility

The rate at which the price of a security increases or decreases for a given set of returns, often measured by the standard deviation of historical returns.

Initial Yield

The initial yield is a financial measure indicating the first year's return on an investment in real estate or bonds, often expressed as a percentage of the investment's cost.

Yield Sensitivity

The degree to which the price of a bond or other debt security responds to changes in interest rates, affecting investors' returns.