Answer: Patent
Explanation: Patent refers to the legal right that an individual receives that gives him the sole power to use, import, sell or produce a unique commodity invented by him. The patent right stands for a limited number of years usually and the holder of patent must establish an enabling public disclosure.
The patent right results in monopoly as everyone other than the holder of the right could not produce or sell the patented commodity.
Answer:
B. Installment credit
Explanation:
Installment credit refers to the type of loan where the borrower opts to repay in regular and fixed amounts. Installments are the small periodic payments that the borrower makes to the lender. Typically, installments are made monthly.
In installment credit, the repayment period may range from a few months to years. The installment amount has an interest and principal components.
Answer:
The answer is D.
Explanation:
An increase in the market rate of interest of a bond will decrease the market price of the bond. Market rate of interest of a bond is inversely related to the market price of the bond.
For example, A bonds is issued with a higher interest rate, the price of existing bonds will fall because the demand for this bond falls.
Trade will benefit countries when it generates gold and silver for the national treasury.
Answer:
Informative
Explanation:
It would use <u>informative</u> advertising
