Which of the Following Is True Regarding What May Be

question 27

Multiple Choice

Which of the following is true regarding what may be the subject of a patent?

• A) Only products may be the subject of patents.
• B) Only processes may be the subject of patents.
• C) Only inventions may be the subject of patents.
• D) An invention may be the subject of a patent, but a plant produced by asexual reproduction may not be the subject of a patent.
• E) A product, a process, an invention, or a plant produced by asexual reproduction may be the subject of a patent.

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Definitions:

Purchasing

The process of acquiring goods or services to accomplish the goals of an organization, often involving activities such as selection, negotiation, and order placement.

New System

A newly implemented set of procedures, technologies, or methodologies designed to change or improve current operational processes.

Net Present Value

The difference between the current value of cash inflows and the current value of cash outflows over a period of time.

Investment

An asset or item acquired with the goal of generating income or appreciation.