Under the , the U

question 84

Multiple Choice

Under the , the U.S. patent system changed from a "first­to­invent" to a "first­inventor­to­file" system.

• A) Economic Espionage Act
• B) Lanham Act
• C) Uniform Trade Secrets Act
• D) Leahy-Smith America Invents Act

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Definitions:

Future Lease Payments

The amounts due over the lease term for the use of an asset.

Salvage Value

The estimated value that an asset will realize upon its sale at the end of its useful life.

Captive Finance Company

A subsidiary whose primary purpose is to provide financing to customers buying the parent company's product, facilitating purchases and increasing sales.

Direct Leasing

A lease arrangement where the lessor purchases the asset and rents it directly to the lessee without involving intermediaries.