Bob Properly Filed for a Patent on a New Machine

question 60

Multiple Choice

Bob properly filed for a patent on a new machine with the U.S.Patent and Trademark Office.Alice who had been working on the same type of machine was furious when she learned about Bob's filing.She presented proof that she had actually invented the machine first but had not yet prepared the paperwork for filing at the time of Bob's filing.Assuming no wrongdoing on the part of either party and that they developed the machine independently,which of the following is the correct resolution of the dispute?

• A) Alice will win and possess all rights to the patent under common law because she first invented the machine.
• B) Bob will win and possess all rights to the patent under common law because he was the first to file for a patent.
• C) Under common law, Alice and Bob will share rights to the patent on a 50-50 basis.
• D) Under the America Invents Act, Alice will control rights to the patent because she was the first to invent.
• E) Under the America Invents Act, Bob will control rights to the patent because he was the first to file.

Comprehend the relationship between resource scarcity, choice, and opportunity cost in economic decisions.

Understand the concepts of market equilibrium and the conditions for achieving efficiency.

Identify how personal spending contributes to the income of others in an economy.

Discern the critical role of incentives in shaping economic behaviors and outcomes.

---

Definitions:

Sonia Sotomayor

An Associate Justice of the Supreme Court of the United States, appointed in 2009, and the first Hispanic and Latina member of the Court.

Hispanic

A term used to describe people or cultures connected to Spain or Spanish-speaking countries, especially those countries in Latin America.

Supreme Court

The highest federal court in the United States, which has ultimate appellate jurisdiction over all federal and state court cases that involve a point of constitutional or federal law.

Appointed

Selected or designated to a position or role by authority rather than by election.