Homer Ford Invented a Unique Pollution-Free Engine That Runs on Gas

question 129

Multiple Choice

Homer Ford invented a unique pollution-free engine that runs on gas created by chicken "droppings" and old leaves.This fuel also caused no wear on the engine of the car.Homer built a prototype in a workshop in his backyard.Before he seeks publicity,he would like to protect his invention and any business that emerges from the development and sale of his cars.In this regard,which of the following is false?

• A)Surnames cannot be registered as trademarks unless the name has already been associated with the product or business.
• B)If Homer is granted a patent,he will be giving up any trade secret protection he might have had to protect his ideas.
• C)If anyone steals his ideas,Homer could also sue in tort for injurious falsehood.
• D)If Homer can succeed in getting a patent on his novel engine,he would have a government-granted monopoly to produce,sell,or otherwise profit from his invention.
• E)If Homer obtains a patent,the protection will be for a period of 20 years.

Understand the role of contiguity in establishing stimulus-response (S-R) associations.

Analyze different theories of learning and their principles regarding habit formation and change.

Investigate the influence of cognitive processes on motivation and learning.

Examine methods and techniques for modifying behaviors and habits.

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Definitions:

Variable Expenses

Costs that fluctuate with production or sales volume, such as materials, utilities, and commissions.

Fixed Expenses

are costs that do not change with the volume of production or sales, such as rent and salaries.

Sales

The transactions between a company and its customers where goods or services are provided in exchange for money.

Margin of Safety

The difference between actual sales and breakeven sales, indicating how much sales can decrease before a business incurs a loss.