When Does a Patent Enter the Public Domain

question 53

Multiple Choice

When does a patent enter the public domain?

• A)when the patent term expires
• B)when the patent has been challenged in court and found to be an infringement
• C)when the government deems that the practical purpose of the invention is universally applicable and cannot be controlled by one individual or a group of people
• D)when the invention is either obvious or not a novel one

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Definitions:

ABC Analysis

A technique for categorizing inventory based on its importance, often into three categories (A, B, and C) to prioritize management and resources.

SKUs

Stock Keeping Units, which are unique identifiers for each distinct product and service available for sale.

Single Criterion

In decision-making, this term refers to evaluating options based on one key factor or condition.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific moment in time, detailing assets, liabilities, and shareholders' equity.