Formulas, Inventions, and Processes Are Not Considered Forms of Intellectual

question 19

True/False

Formulas, inventions, and processes are not considered forms of intellectual property.

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Definitions:

Negotiate

The process of discussing something with one or more people in order to reach an agreement or compromise.

Assignment

The act of transferring rights or duties under a contract to another party.

Equity Bank

A financial institution that offers banking services with a focus on equity financing, or alternatively, a bank that has equity in other companies.

Payee's Bank

The bank where the recipient of a check or electronic payment has an account, responsible for processing and clearing the payment.