Intellectual property rights are easier to define and protect than property rights for physical assets (e.g., plant and equipment).
Answer the following statement true (T) or false (F)
False
Intellectual property rights are more difficult to define and protect than property rights for physical assets (e.g., plant, equipment, and land). If, however, intellectual property rights are not reliably protected by the state, there will be no incentive to develop new products and services.
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Among the functions of organizational ________ are that it gives members an organizational identity and it promotes social-system stability.
A. design B. structure C. life cycle D. charting E. culture
In the United States, the first person to invent an item or a process is given patent protection over a later inventor who was first to file a patent application.
Answer the following statement true (T) or false (F)
A corporate takeover is the process of acquiring control over a corporation by the purchase of a substantial number of the voting shares of its stock.
Answer the following statement true (T) or false (F)
A lien must be satisfied before the property is available to satisfy the claims of unsecured creditors
Indicate whether the statement is true or false