An American University Professor Derives a New Formula Which Explains

question 13

Multiple Choice

An American university professor derives a new formula which explains a fundamental principle of nature.In the United States,this formula:

• A)can be patented.
• B)cannot be patented.
• C)can be patented if it is novel.
• D)cannot be patented because it is not useful.

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Definitions:

Disbursement of Funds

The act of paying out money from a fund or account to cover expenses or investments.

Collateral Position

Collateral is property or assets that a borrower offers to a lender as security for a loan, which can be taken by the lender if the borrower fails to repay.

Stretching Payables

Paying invoices after they’re due according to the terms of sale. Also called leaning on the trade.

Short-term Loans

Loans that are scheduled for repayment within a short timeframe, usually less than one year.