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timofeeve [1]
3 years ago
5

McDonald has invented a machine that harvests corn in the field, automatically shucks the corn from the husk, and peels the kern

els from the cob, separating everything for easy disposal or further use. Assuming that all requirements are met for a patent, the length of his patent protection will be __________.a. 14 years from the completion of the invention. b. 20 years from the completion of the invention. c. 14 years from the filing of the application with the U.S. Patent and Trade Office. d. 20 years from the filing of the application with the U.S. Patent and Trade Office.
Business
1 answer:
julia-pushkina [17]3 years ago
6 0

Answer:

Correct option is (d)

Explanation:

Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.

Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.

Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.

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At the beginning of Year 1, Trey Inc., purchased a machine with a total acquisition cost of $33,000. The machine has an estimate
soldier1979 [14.2K]

Answer:

$8,000

Explanation:

Data provided in the question:

cost of machine = $33,000

Estimated residual value = $3,000

Estimated useful life = 3 years

Estimated useful life in terms of production = 60,000 units

Total units produced in year 1 = 16,000

Now,

Rate of annual depreciation with respect to units produced

= [ Cost - Salvage value ] ÷ Estimated useful life in terms of production

= [ $33,000 - $3,000 ] ÷ 60,000

= $0.5 per unit

Therefore,

Depreciation expense for the year 1

= Rate of annual depreciation × Total units produced in year 1

= $0.5 per unit × 16,000 units.

= $8,000

7 0
3 years ago
Give three example of commercial activities
Tems11 [23]

Answer:

<h2>The types of commercial activities are as follows:</h2>

Accounting: This is the process that deals with the flow of money in an organisation.

Marketing: This helps in the improvement of brand recognition in the market and it aids the process of sales.

<h3>THENKUU! </h3>
4 0
3 years ago
Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quic
Nat2105 [25]

Answer:

The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".  

Explanation:

  • Maintaining low inventory rates seems to be a common goal for businesses around logistics as well as inventory. Inventory needs supervision and is responsible for the costs.
  • A traditional inventory manager could use the level of inventory including the sale of products and services to assess the best period whether to produce more, whether they control the manufacturing of a supplier, as well as to acquire more when the commodity is kept as stock in something like a department store.
8 0
3 years ago
Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the en
Karolina [17]

Answer:

PV= $216,935

Explanation:

Giving the following information:

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. The insurance company expects this person to live for 15 more.

First, we need to find the final value of the annuity.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {20,900*[(1.05^15)-1]}/0.05= 450,992

Now, we can find the present value.

PV= FV/ (1+i)^n= 450,992/1.05^15= $216,935

5 0
3 years ago
Refer to Pure Training, Inc. If clients (the business owners) were asking for workshops to allow their customers to listen to au
Alexandra [31]

Answer:  Podcast

Explanation: In simple words, podcast refers to a digital audio file that is uploaded on the internet and can be easily downloaded  through a computer or mobile device.

A podcast is used for many purposes like for reading of novels or for educational seminars etc. Sometimes companies also use podcast for advertisements or promotional purposes when the target audience is low in volume and mass media mediums are of no use.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
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