When a Patent Is Transferred, the Most Common Forms of Payment

question 143

True/False

When a patent is transferred, the most common forms of payment received by the transferor are a lump sum and/or periodic payment.

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Definitions:

Genus

A class or group of things that share common characteristics.

Differentia

The characteristic that distinguishes a thing or concept from others within the same category or group.

Genus

A classification ranking used in biology to group closely related species, denoting a higher level of organization above species.

Circular

Shaped like or nearly resembling a circle; having the form or attributes of a circle.