Which of the Following Statements Is True for an Invention

question 18

Multiple Choice

Which of the following statements is true for an invention?

• A)It refers to converting a new idea into revenues and profits.
• B)It refers to the use of technology in trying to understand the latent needs and preferences of the customers in the market.
• C)It refers to pursuing scientific investigations without commercial goals, focusing on unravelling the secrets of nature and finding new knowledge.
• D)It refers to the process of promoting the use of scientific knowledge in forecasting the demand for different products in the market.
• E)It refers to bringing an idea into tangible reality by embodying it as a product or system.

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Definitions:

Unamortized Discount

The portion of a bond discount that has yet to be expensed to interest expense over the bond's life.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, known as bonds.

Gain or Loss

The financial result from a transaction when the selling price of an asset differs from its book value.

Bonds

Long-term debt securities issued by corporations and governments to raise funds, paying interest to holders.