There Are Two Primary Reasons to Conduct an Intellectual Property

question 16

Multiple Choice

There are two primary reasons to conduct an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual property is being properly protected. The second reason for a company to conduct an intellectual property audit is to ________.

• A) remain prepared for a Security & Exchange Commission spot inspection
• B) remain prepared to justify its value in the event of a merger or acquisition
• C) remain prepared for an initial public offering
• D) update the value of its intellectual property on its balance sheet
• E) make sure no intellectual property has been stolen

---

Definitions:

Personality Factors

Fundamental traits or dimensions of personality identified through factor analysis that underlie human behavior and personality.

Autonomy

The state or condition of having the freedom and independence to make one's own choices and decisions.

Factor Analysis

A method in statistics for identifying essential variables, or factors, that elucidate the correlation patterns seen in a collection of observed variables.

Sensation Seeking

The tendency to pursue sensory pleasure and excitement, often taking physical, social, legal, and financial risks for the experience.