Answer:
<em>2. EasyOpen's patent expired after 20 years</em>
Explanation:
<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>
Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.
It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.
Patents are defined as utility patents, patents on designs or patents on plants.
Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.
Answer:
In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3.
Explanation:
Some advantages are not having to bring cash with you, andyou can keep it in one place. A couple of disadvantages are having the constant threat of account fraud of you're not careful, and you can easily overspend on a credit card.
Hope this helps ~
Answer:
The answer is a firm's business level strategy
Explanation:
A strategy is a blueprint or a plan which spells out the major policies of an organisation, its goals and actions that will enables it to achieve the organisational objectives.
A firm business level strategy is a tool aimed at improving the competitive position of a firm's products within the market segment or industry that the firm operates. It focuses on how a firm will satisfy customer's needs and gain competitiveness in the market in which it operates by exploiting opportunities in market.
Answer:
entire initial investment will not be recovered.
Explanation:
Payback period is one of the methods used in capital budgeting.
Payback period calculates how long it takes for the amount invested in a project to be recovered from its cummulative cash flows.
For example, if a project costs $360 and the cash flow each year for its 6 years useful life is $120. The amount invested would be gotten back from the cummulative cash flow in 3 years.
But if a project costs $360 and the cash flow each year for its 2 years useful life is $120. The amount invested would never be gotten back the cummulative cash flow. Therefore, the entire investment amount will never be entirely recovered.
The project will always not be profitable
I hope my answer helps you.
