A ________________ Is a Right in a New Invention, a _______________________

question 49

Multiple Choice

A ________________ is a right in a new invention, a _______________________ is a right to manufacture an artistic design, a ________________ identifies a product or service and a ________________________ is ownership in an artistic or literary work.

• A) patent; industrial design; trademark; copyright
• B) industrial design; patent; trademark; copyright
• C) patent; trade name; distinctive guise; certification mark
• D) compulsory licence; licence; trademark; patent
• E) trademark; compulsory licence; industrial design; copyright

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Definitions:

Classified Balance Sheet

A financial statement that organizes a company's assets, liabilities, and equity into subcategories for clear understanding.

Gross Profit Section

The portion of an income statement that shows revenue minus the cost of goods sold, indicating the profit made from selling goods before other expenses are deducted.

Merchandising Company

A business that purchases finished goods for resale, making a profit on the merchandise sold.

Income Statement

A financial statement showing the revenue, expenses, and profits or losses of a business over a particular period.