A patent gives the patent holder the right to defend the patent against others who would attempt to manufacture, use, or sell the invention during the period of the patent, which for most patents is 20 years from the date of application.

Answer the following statement true (T) or false (F)


True

Business

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Under the Federal Unemployment Tax Act, a payroll tax is levied on employers and employees for the purpose of financing the administration cost of the state unemployment compensation program

Indicate whether the statement is true or false

Business

Dates are necessary in memos only when the memos will be filed for future reference

Indicate whether the statement is true or false

Business

If a speculator enters a futures contract to sell (make delivery), that individual anticipates selling the commodity.?

Answer the following statement true (T) or false (F)

Business

When a corporation engages in a stock repurchase, each remaining shareholder owns a smaller proportion of the firm

Indicate whether this statement is true or false.

Business