A Utility or Business Method Patent Will Last For

question 32

Multiple Choice

A utility or business method patent will last for:

• A) 14 years from the date of the filing of the application with the United States Patent and Trademark Office.
• B) 14 years from the date of the approval of the application granted by the United States Patent and Trademark Office.
• C) 20 years from the date of the filing of the application with the United States Patent and Trademark Office.
• D) 20 years from the date of the approval of the application granted by the United States Patent and Trademark Office

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Definitions:

Objective

A goal or aim that is clearly defined and measurable.

Action Statement

A clear, concise declaration outlining a specific action to be taken to achieve a particular objective.

Budget

An estimate of income and expenditure for a set period of time, often used by businesses and governments to plan financial activities and resource allocations.

Strategy

A high-level plan or set of actions designed to achieve long-term objectives or overall goals in a competitive context.