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Derivative Instruments

question 7

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Derivative instruments


Definitions:

Intangible Property

Includes assets that do not have a physical presence but possess value, such as copyrights, patents, trademarks, and goodwill.

Literary

Pertaining to the writing, study, or content of literature, including novels, poetry, and essays.

Obvious-to-try TSM Standard

A legal standard in patent law indicating that an invention is not patentable if it was obvious for someone skilled in the art to attempt.

Innovation

The process of creating new ideas, products, or methods, or the implementation of these new adaptations to bring about significant change or improvement.

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