Which of the Following Is the Best Definition of a 'Patent

question 44

Multiple Choice

Which of the following is the best definition of a 'patent'?

• A)The overall appearance,resulting from the visual features of an object of manufacture.
• B)A sign used to distinguish goods or services provided in the course of a trade from those of another.
• C)A manner of manufacture that is useful,novel and involves an inventive step that hasn't been used before in Australia.
• D)Artistic works given an industrial application.

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Definitions:

Compound-Interest GIC

A Compound-Interest Guaranteed Investment Certificate (GIC) is a financial product that pays interest on your initial investment, with the interest being compounded at specified intervals, leading to increased returns over time.

Compounded Semiannually

The calculation of interest where it is added to the principal twice a year, resulting in the interest earning interest semiannually.

Maturity Value

The total amount payable to an investor at the end of a fixed term investment, including principal and interest.

Annual Growth Rate

The yearly rate at which an investment or part of the economy grows.