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sergey [27]
4 years ago
15

In 2015, an inventor dreamed up and constructed a certain new kind of widget. He kept his invention a secret. Two years later, a

nother inventor who conceived the same widget filed a patent application in December 2017. The first inventor, learning of the patent application, filed for his own patent in March 2018. Who is entitled to the patent, assuming that the invention was truly novel and not obvious? Why? HINT: Please use the Internet to research US Patent Law in 2015.
Business
1 answer:
tatuchka [14]4 years ago
6 0

Answer:

Please take a look to the explication below.

Explanation:

The inventor who filed the patent application for the widget in December 2017 would receive the patent protection. As the invention is novel and not obvious, the inventors are eligible for patent protection. US had moved from first-to-invent to first-to-file system after the America invents Act in 2011 and hence patents are awarded to the inventor who first files for patent protection.

Before the law, it was awarded to the person who first invented the invention even if they did not file for patent protection. But now it goes to the person who first files the invention and hence the inventor who first invented but filed in March 2018 is not entitled for the patent.

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Riley has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. His
netineya [11]

Answer:

B. I hope i helped!

Explanation:

7 0
3 years ago
1. Purchased computers for $20,000 from Data Equipment on account. Select an effect 2. Paid $3,000 cash for May rent on storage
nata0808 [166]

Answer:

The question is not complete.

Here is the complete question:

Keystone Computer Timeshare Company entered into the following transactions during May 2017.

Describe the effect of each transaction on assets, liabilities, and stockholders' equity.

1. Purchased computers for $20,000 from Data Equipment on account. Select an effect

2. Paid $3,000 cash for May rent on storage space. Select an effect

3. Received $15,000 cash from customers for contracts billed in April. Select an effect

4. Performed computer services for Ryan Construction Company for $2,700 cash. Select an effect

5. Paid Midland Power Co. $11,000 cash for energy usage in May. Select an effect

6. Stockholders invested an additional $32,000 in the business. Select an effect

7. Paid Data Equipment for the computers purchased in (1) above.

Select an effect

8. Incurred advertising expense for May of $840 on account.

Here is the answer:

Transaction   Effect on asset, liabilities and equity

  1                  Increase in asset(computer account) by $20,000

                     and increase in liabilities  (account payable) by

                      $20,000

 2                  Decrease in asset(cash account) by $3,000 and

                     decrease in equity (rent expense account) by

                      $3,000

 3.                 Increase in asset (cash account) by $15,000 and decrease in

                      asset (account receivable) by $15,000. Net effect is zero.

 4.                 Increase in asset (cash account) by $2,700 and increase in

                     equity (service revenue account) by $2,700

 5.                 Decrease in asset (cash account) by $11,000 and decrease in

                     equity (Energy expense account) by $11,000

 6.                 Increase in asset (cash account) by $32,000 and increase in

                     equity (common stock account) by $32,000

 7.                 Decrease in asset (cash account) by $20,000 and decrease in

                    liabilities (account payable) by $20,000

8.                 Increase in liabilities (accrued advertising expense) by $840

                    decrease in equity (advertising expense account) by $840

Explanation:

Assets are economic resources of the firm in which future economic benefits are expected to flow to the entity. Liabilities are the entity`s financial obligation to those who are not the owners of the business. Equity is the residual value after deducting am entity`s assets from its liabilities.

With this background, business transactions and events are recorded either as increase or decrease in asset, liabilities and equity.

6 0
3 years ago
Why is positive wording more effective in business messages than negative wording?
Vesna [10]
Positive wording has an effect on the message getting received, which is the goal.
3 0
3 years ago
You recently got a new job in a busy doctor's office. There are four other workers who perform the same
Zina [86]
Going to be answer 3
5 0
2 years ago
he natural level of output is the amount of real gdp produced a. when the economy is at the natural level of aggregate demand. b
Cloud [144]

The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.

Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.

When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.

Find out more on the natural rate of unemployment at:

brainly.com/question/17205513?referrer=searchResults

#SPJ4

3 0
1 year ago
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