Choose the Incorrect Statement

question 43

Multiple Choice

Choose the incorrect statement.

• A)A patent encourages invention.
• B)A patent encourages innovation.
• C)A patent has an economic cost.
• D)A patent creates a negative externality.
• E)A patent produces a monopoly.

Grasp the basic elements of a legally binding contract.

Understand the various forms of intellectual property, including patents, copyrights, and trademarks.

Analyze the impact of bankruptcy on small businesses.

Recognize the significance of OSHA workplace standards.

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Definitions:

Laying Eggs

The process by which female animals produce and deposit eggs into the environment or onto a substrate, a common reproductive strategy in many species.

Selfish Herd

A theory suggesting individuals in a population will position themselves to reduce their own risk from predators by moving towards the center of a group.

Cooperative Hunting

A behavior in animals where individuals work together in a coordinated manner to capture or kill prey.

Tool Production

The process of creating implements, often by hand or with machinery, used to perform a task or function, characteristic of human and some animal behaviors.