Hal Patents a New Type of Running Shoe

question 3

Multiple Choice

Hal patents a new type of running shoe. Hal and Iconic Shoe Company enter into a contract that allows the firm to make and market the shoe in exchange for royalty payments to Hal that decrease after the patent expires. In a previous case, a similar agreement was held to be invalid. According to the dissent in Kimble v. Marvel Entertainment, LLC, stare decisis​

• A) ​means "sticking to some wrong decisions."
• B) ​does not require retaining "baseless and damaging precedents."
• C) ​promotes unpredictability and inconsistency in the business world.
• D) ​permits parties to negotiate a licensing agreement that reflects the true value of a patent.

---

Definitions:

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, indicating the company's profitability.

Year 2

Typically refers to the second year of a specific time frame or series, such as a company's second fiscal year.

Return On Investment

A metric utilized to assess an investment's efficiency or profit in comparison to its expenditure.

Breakdown Theory

Suggests that social movements emerge when traditional norms and patterns of social organization are disrupted.