ABC Corporation Developed a New Form of Technology for Which

question 85

Multiple Choice

ABC Corporation developed a new form of technology for which they hold a patent. This technology allowed them to significantly reduce the cost of production on their major product line. This resource is:

• A) complex
• B) simple
• C) substitutable
• D) inimitable
• E) hypothetical

---

Definitions:

Writ of Attachment

is a legal document issued by a court ordering the seizure of property to secure satisfaction of a judgment.

Prejudgment Remedy

A legal measure obtained before a court's final decision to secure assets or interests, ensuring satisfaction of a potential judgment.

Debtor

An individual or entity that owes money or has a financial obligation to another party, known as the creditor.

Mortgage

A written instrument that gives a creditor (the mortgagee) an interest in, or lien on, the debtor’s (mortgagor’s) real property as security for a debt. If the debt is not paid, the property can be sold by the creditor and the proceeds used to pay the debt.