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What Is the Process That Begins with Invention and Includes

question 60

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What is the process that begins with invention and includes improvement to prepare the invention for practical use and marketing of the invention or its products?


Definitions:

Third Party

An individual or group other than the two primarily involved in a transaction or legal situation.

Contractual Duties

Obligations imposed by a contract, requiring parties to act (or refrain from acting) in certain ways in fulfillment of the agreement's terms.

Executory Contract

A contract where both parties have outstanding obligations that have not yet been performed.

Bankruptcy Court

A specialized federal court where cases regarding bankruptcy filings and related legal matters are heard.

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