Henry Has Lodged an Application for a Standard Patent for His

question 82

Multiple Choice

Henry has lodged an application for a standard patent for his cure for AIDS.IP Australia has published details of the standard patent in the Australian Official Journal of Patents.Harry wishes to oppose the granting of the standard patent.How many months does he have to commence proceedings?

• A)4 months
• B)12 months
• C)3 months
• D)6 months

---

Definitions:

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment, calculated by subtracting the initial investment from the present value of cash inflows over a period of time.

Rate of Return

The percentage of profit or loss on an investment over a specified period.

Required Rate

Often used in reference to the minimum acceptable return on investment or the minimum discount rate used in net present value calculations.

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.