Natalie Has Developed and Patented a New Process for Recycling

question 28

Multiple Choice

Natalie has developed and patented a new process for recycling discarded tires. A multinational corporation has expressed an interest in buying her company in order to gain access to the technology and keep it exclusively for itself. Should Natalie sell her company, the buyer will have acquired technology via

• A) Acquisition of the technology owner.
• B) A joint venture.
• C) A licensing agreement.
• D) Contracted development.
• E) Purchase.

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Definitions:

Gathering

The act of collecting information or data from various sources, or the assembly of people for a specific purpose.

Revising

The process of reviewing and altering a document or work to improve its content, clarity, and overall quality.

Fresh Eyes

The perspective gained by reviewing a document or problem after a break, often leading to new insights or spotting overlooked errors.

Draft

a preliminary version of a document or plan that is subject to revisions and improvements.