Which of the Following Is True About Filing for a Patent

question 90

Multiple Choice

Which of the following is true about filing for a patent?

• A)Patents are based on a "first to file" basis.
• B)Patents are based on a "first to invent" basis.
• C)Patents can be shared if multiple people invent the same product.
• D)Patents are awarded to the best design should multiple people file at the same time.

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Definitions:

Imports

Goods and services that are brought into one country from another for sale.

Net Exports

The difference between a country's total exports of goods and services and its total imports, reflecting the trade balance.

U.S. Consumption

This term refers to the total value of all goods and services consumed within the United States over a specific time period.

Government Purchases

Expenditures by the government on goods and services that directly consume resources or are used in the production of public services.