Aware That New Products Need to Be Protected from Competitors,BetterBuilt

question 20

True/False

Aware that new products need to be protected from competitors,BetterBuilt management knows that they're more likely to be granted patents if they're new and not obvious and boast some utility.

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Definitions:

Payee

The individual or entity to whom a check, draft, or note is made payable.

Certified Check

is a check for which the issuing bank guarantees availability of funds by verifying the account's balance and then setting aside the check amount.

Cashier's Check

A check issued by a bank, drawn on its own funds rather than that of a personal account, and signed by a cashier.

Drawer's Liability

Refers to the obligation of the drawer (the person who writes a cheque or draft) to ensure the availability of funds in the account for the amount specified for payment to the payee.