Intellectual Property Consists of Which of the Following

question 22

Multiple Choice

Intellectual property consists of which of the following?

• A) Trade secrets.
• B) Patents.
• C) Trade symbols.
• D) All of these are considered intellectual property.

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Definitions:

Good Faith

A concept involving an honest intention to act without taking an unfair advantage over another party, typically implied in agreements or transactions.

Uncertified Check

A check that the bank has not guaranteed or verified regarding the availability of funds, standing in contrast to a certified check.

Presented For Payment

The act of submitting a financial instrument, such as a check or draft, to the responsible party for the transfer of funds as specified.

Negotiable Instrument

A written document guaranteeing the payment of a specified amount of money, either on demand or at a set time, with the payer named on the document.