In Which of the Following Cases Did the U

question 48

Multiple Choice

In which of the following cases did the U.S. Supreme Court rule that basic business methods cannot be patented?

• A) State Street Bank & Trust v. Signature Financial Group, Inc.
• B) Bilski et al. v. Kappos
• C) Alice Corporation Pty. Ltd. v. CLS Bank International
• D) BMG Rights Management v. Cox Communications

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Definitions:

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold, before deducting overheads, payroll, taxation, and interest payments.

Profit Center

A branch or division of a company that is treated as a separate entity for the purpose of calculating its profitability.

Profit Center

A division or segment of a company that is directly responsible for generating its own revenue and profit through its activities.

Cost Center

A department or segment of a business that does not directly generate revenue but incurs costs, focusing instead on controlling expenses.