Shaun Has Patented a New Type of Hop Plant

question 79

Multiple Choice

Shaun has patented a new type of hop plant. A local brewing company would like to use the new type of hop plant in their new beer formula. If Shaun licenses his patent to the new brewing company, he will receive what in exchange for each use of the patent?

• A) A processing fee.
• B) A royalty fee.
• C) A patent user fee.
• D) An invention fee.
• E) A product use fee.

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Definitions:

Means to Achieve

Methods or strategies utilized to accomplish a specific goal or objective.

Carol Gilligan

An American feminist, ethicist, and psychologist best known for her work on ethical relationships and gender differences in moral reasoning.

Personal Moral Responsibility

The obligation of an individual to act in accordance with ethical principles and to be accountable for their own actions.

Hedonists

Individuals who believe that the pursuit of pleasure is the most important goal of human life.