In Bowman V

question 69

Multiple Choice

In Bowman v. Monsanto, where Bowman used Monsanto's patented Roundup Ready seeds and, in violation of the contract provided by Monsanto, kept seeds from his crop to use next year so that the seeds had the genetic composition of the Monsanto seeds. The Supreme Court held that:

• A) Monsanto's patent only extended to seeds it sold so there was no infringement
• B) Monsanto's patented product could be sold with restrictions, which Bowman violated
• C) Monsanto's patent had expired by the time of the litigation, so the case was moot
• D) none of the other choices are correct

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Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment’s cost.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Present Value

The contemporary value of a forthcoming sum of money or cash flow series, adjusted for a specific rate of return.

Cash Flow Stream

A series of cash inflows and outflows over a period of time, often used in financial analysis and investment decisions.