Products of the Mind,such as Computer Software,a Screenplay,a Music Score,or

question 50

Multiple Choice

Products of the mind,such as computer software,a screenplay,a music score,or the chemical formula for a new drug,constitute:

• A)assets which receive no protection under law.
• B)intangible assets.
• C)non-property assets.
• D)intellectual property.

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Definitions:

Majority Vote

A decision-making process where more than half of the votes cast by members of a group decide the outcome.

Dissolution Proceedings

Legal processes aimed at dissolving a company, partnership, or other entity, effectively bringing its operations and legal existence to an end.

Abuse of Corporate Powers

Unethical or illegal use of company authority for personal gain or to manipulate or harm others.

Corporate Dissolution

The formal process of dissolving a corporation's legal existence.