As a matter of law, a combination of two inventions cannot be considered nonobvious
a. True
b. False
Indicate whether the statement is true or false
False
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_____ takes place when an operation switches from using an old system to using a new system.
Fill in the blank(s) with the appropriate word(s).
Virtual corporations are also called
A. anti-organizations. B. virtual network. C. modular network. D. modular corporation. E. corporate network.
What is a key difference between U.S. law and that of most other countries regarding patents on publicly disclosed innovations?
a. most nations other than the U.S. allow a one year grace period after public disclosure b. the U.S. requires innovations to be public disclosed for one year before a patent is filed c. the U.S. allows a one year grace period after a public disclosure d. U.S. patents only last for one year
Barton Company can acquire a $900,000 machine now that will benefit the firm over the next 6 years.FV of 1 (i=8%, n=6):1.587FV of a series of $1 cash flows (i=8%, n=6):7.336 PV of $1 (i=8%; n = 6): 0.630PV of a series of $1 cash flows (i=8%, n=6):4.623Annual savings in cash operating costs are expected to total $190,000. If the hurdle rate is 8%, the investment's net present value is:
A. $(21,630). B. $44,970. C. $184,920. D. $(181,800). E. None of the answers is correct.