Which of the Following Statements Is True Regarding Patents

question 37

Multiple Choice

Which of the following statements is true regarding patents?

• A) A patent gives the inventor the right to make, use, or sell the invention.
• B) Once patented, the owner has exclusive use of it for 50 years.
• C) Distinct and new varieties of plants that are produced asexually are patentable.
• D) Mathematical formulas are patentable.

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Definitions:

Power Distance

A cultural dimension that describes the extent to which less powerful members within a society accept and expect power to be distributed unequally.

Decisions

The conclusion or resolution reached after consideration.

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty.

Entrepreneurship

The process of designing, launching, and running a new business or venture.