Which of the Following Is NOT One of the Exclusive

question 14

Multiple Choice

Which of the following is NOT one of the exclusive rights of the registered owner of a design?

• A)To make a product which embodies the registered design.
• B)To manufacture a spare part to repair existing machinery.
• C)To assign any of the above rights to another person.
• D)To sell,hire or otherwise dispose of a product that embodies the registered design.

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Definitions:

Profit

The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Average Total Cost

The complete expense of manufacturing (encompassing both fixed and variable expenditures) divided by the overall amount of goods produced.

Output

The quantity of goods or services produced by a firm, industry, or economy within a certain period.

Per-Unit Cost

The cost associated with producing one unit of a product, calculated by dividing total production costs by the number of units produced.