(Last Word) "Patent Trolls

question 158

Multiple Choice

(Last Word) "Patent trolls"

• A) block firms from acquiring patents on intellectual property.
• B) buy up patents in order to collect royalties and sue other companies.
• C) legally challenge new patent applications in an effort to extract rents.
• D) promote innovation by keeping firms from having a stranglehold on intellectual property.

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Definitions:

English Governance

The system of political and administrative organization used in England, characterized by its constitutional monarchy and parliamentary democracy.

Convicts

Individuals found guilty of a crime and sentenced by a court, often resulting in imprisonment or other forms of punishment.

Religious Dissidents

Individuals who disagree or challenge the established doctrines or practices of their religion, often leading to significant reform or the creation of new religious movements.

Bacon's Rebellion

A 1676 armed rebellion led by Nathaniel Bacon against the colonial government of Virginia, arising from settlers' frustrations with Native American policies and governmental corruption.