Which Is a Government Grant That Gives an Inventor an Exclusive

question 3

Multiple Choice

Which is a government grant that gives an inventor an exclusive right to make, use, and sell an invention?

• A)Copyright
• B)Patent
• C)Royalty
• D)Receivable

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Definitions:

Borrowed Money

Funds that are obtained through loans or credits, which must be repaid with interest.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing debt, issuing equity, and paying dividends.

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business, indicating the organization's liquidity.

Bond Principal

Bond principal, or face value, is the amount that the issuer agrees to pay the bondholder at maturity, excluding any interest payments.