MedForum Labs Has Invented a New Composition to Cure Chronic

question 56

Multiple Choice

MedForum Labs has invented a new composition to cure chronic arthritis. In the context of protecting intellectual property, the formula used by MedForum to make the composition can be protected as a _____.

• A) trademark
• B) trade secret
• C) permit
• D) copyright

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Definitions:

Forward Contracts

Customized contracts between two parties to buy or sell an asset at a specified price on a future date.

Stock Brokers

Professionals or firms that execute buy and sell orders for stocks and other securities on behalf of their clients, in exchange for a fee or commission.

Swap Transactions

Financial agreements between two parties to exchange cash flows or other financial instruments over a specified period.

Strike Price

The price at which an options contract can be exercised, essentially the price at which the underlying asset can be bought or sold.