Which of the Following Is True with Regard to Obtaining

question 131

Multiple Choice

Which of the following is true with regard to obtaining a patent?

• A) The Patent Act allows a patent to someone for an existing process or machine that is in use but has not been patented.
• B) The inventor does not have to send specifications or a model when he sends his application.
• C) If a patent application is denied, the inventor can apply for trademark protection instead.
• D) The inventor's expression of the idea is automatically protected under the provincial Patent Act.
• E) To obtain a patent, besides satisfying the provisions of the Patent Act, the inventor must show that the invention was not known or used by any other person before he or she invented it.

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Definitions:

S&P 500 Index

A stock market index in the United States composed of the market values of 500 major companies listed on either the New York Stock Exchange or NASDAQ.

Time-Weighted Return

A method of calculating investment returns that eliminates the impact of cash flows into and out of the portfolio, focusing solely on the performance of the investments themselves.

Information Ratio

A measure of portfolio returns beyond the returns of a benchmark, divided by the volatility of those returns.

Residual Standard Deviation

A measure of the amount by which an observed value differs from the value predicted by a model, indicating the precision of the model.