To Ensure That Companies Do Not Receive Patents in Countries

question 15

Multiple Choice

To ensure that companies do not receive patents in countries where they do not intend to set up production of the invention,some countries have a "working requirement," according to which:

• A) if the product is not profitable, it will not be granted a patent.
• B) patents in a country will only be granted to people who have been working in the country for at least one year.
• C) the invention must be manufactured in the country where the patent was granted within a specified period of time.
• D) the workers who manufacture the product must be from the country where the patent was granted.

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Definitions:

Probability Distribution

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.

Variances of Stocks

Measures of the dispersion of returns for a given stock, used to assess the risk associated with holding the stock.

Return on Stock

The gain or loss on an investment in stock, represented as a percentage of the investment's initial cost.

Unsystematic Risk

The risk associated with a specific issuer or a particular industry sector, unlike systemic risk, which impacts the entire market.