Pay-To-Buy

question 2

Multiple Choice

Pay-to-Buy.com, Inc. obtains a patent on an online payment system. The patent is vaguely worded and overly broad. In evaluating the patent, a court is most likely to​

• A) ​have difficulty, resulting in Pay-to-Buy being targeted by patent trolls.
• B) ​apply the patent broadly.
• C) ​issue a vaguely worded protection order.
• D) ​hold that Pay-to-Buy's business practices are illegal.

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Definitions:

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses from total revenue, indicative of the company's profitability.

Cash Dividend

Cash rewards issued to investors of a certain class by a firm, as determined by the firm's board based on the company's profits.

Common Shares Outstanding

The number of shares that are currently owned by investors, including restricted shares owned by company officers and insiders.

Liabilities

Liabilities refer to the financial obligations or debts that a company owes, which must be paid to others.