To Ensure That Companies Do Not Receive Patents in Countries

question 11

Multiple Choice

To ensure that companies do not receive patents in countries where they do not intend on setting up production of the invention,some countries have a "working requirement" that says:

• A) if the product does not work, it will not be granted a patent.
• B) patents will only be granted to people who have been working in their country for at least one year.
• C) the invention must be manufactured in the country where the patent was granted within a specified period of time.
• D) the workers who manufacture the product must be from the country where the patent was granted.

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Financing Costs

These are the expenses incurred by a company or an individual when acquiring funds to finance an investment or project, including interest payments, fees, and other charges.

Cash Flow Component

Part of the total amount of money being transferred into and out of a business, affecting its liquidity.

Discount Rate

A rate used to determine the present value of future cash flows.