what type of items can be patented? A. unique ideas never made public B. mathematical equations C. scientific theoriesD. human genes
Answers
Unique ideas never made public can be patented.
So, the correct answer is A.
A patent is a legal document that gives the inventor exclusive rights to make, use and sell their invention for a certain period of time.
To be eligible for a patent, an invention must be new, useful and non-obvious.
Therefore, items that can be patented are unique ideas that have never been made public before, such as new processes, machines, compositions of matter, or improvements to existing inventions.
Mathematical equations and scientific theories are not patentable as they are considered discoveries, rather than inventions.
Human genes have also been a topic of debate in the patent world, with some being deemed patentable and others not.
Hence, the answer of the question is A.
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Related Questions
DeAndre is CEO of GameGo, an online video-game clearinghouse. GameGo receives used videogames from members of the GameGo Gamer community, lists the video games on the GameGoerse website, and sells the used video games to GameGo Gamers at a 20% markup. All sales are for cash. During March, GameGo sold $1,200,000 of video games, with $1,000,000 going to the videogames’ original owners and $200,000 going to GameGo.
Required:
(A) Assume GameGo is viewed as a principal. Write any journal entries necessary to record revenue and cost of goods sold, and indicate GameGo’s gross profit for March.
(B) Assume GameGo is viewed as an agent. Write any journal entries necessary to record revenue and cost of goods sold, and indicate GameGo’s gross profit for March.
Answers
(A) Assuming GameGo is viewed as a principal:GameGo's gross profit for March is $200,000, calculated as the sales revenue of $1,200,000 minus the cost of goods sold of $1,000,000.(B) Assuming GameGo is viewed as an agent:GameGo's gross profit for March is $200,000, representing the commission revenue earned as an agent.
(A) Assuming GameGo is viewed as a principal:Journal Entries:
1. To record the purchase of video games from members:
Inventory (asset) $1,000,000
Accounts Payable (liability) $1,000,000
2. To record the sale of video games to GameGo Gamers:
Accounts Receivable (asset) $1,200,000
Sales Revenue (revenue) $1,200,000
3. To record the cost of goods sold:
Cost of Goods Sold (expense) $1,000,000
Inventory (asset) $1,000,000
Gross Profit Calculation:
Gross Profit = Sales Revenue - Cost of Goods Sold
Gross Profit = $1,200,000 - $1,000,000
Gross Profit = $200,000
(B) Assuming GameGo is viewed as an agent:
Journal Entries:
1. To record the commission earned:
Accounts Receivable (asset) $200,000
Commission Revenue (revenue) $200,000
Gross Profit Calculation:
As an agent, GameGo's gross profit is equal to the commission revenue earned, which is $200,000.
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Which type of persuasion approach involves encouraging a person to agree to a small favor or to buy a small item, only to later request a larger favor or purchase of a larger item?.
Answers
The foot-in-the-door technique is the persuasion approach that involves encouragment of person to agree to a small favor only to later request a larger favor.
What is the foot-in-the-door technique?This is an approach that involves assuming to agreeing to a small request that increases the likelihood of agreeing to a second or larger request.
In conclusion, this persuausive approach is a technique majorly used by salespeople to persuade sceptical customers.
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Pina Corporation purchases a patent from Blossom Company on January 1,2025 , for $59,000. The patent has a remaining legal life of 15 years. Pina estimates the patent will have a useful life of 10 years, based on expected product innovations in the market. Prepare Pina's journal entries to record the purchase of the patent and 2025 amortization. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
Answers
The journal entries to record the purchase of the patent and 2025 amortization for Pina Corporation would be as follows:
Purchase of the patent:
Date: January 1, 2025
Patent (Asset) $59,000
Cash (or Accounts Payable) $59,000
Explanation: This entry records the purchase of the patent from Blossom Company. The patent is recorded as an intangible asset on the balance sheet, and the cash (or accounts payable) is decreased by the amount paid for the patent.
2025 Amortization:
Date: December 31, 2025
Amortization Expense (Operating Expense) $5,900
Patent (Asset) $5,900
This entry records the amortization expense for the year 2025. The patent's useful life is estimated to be 10 years, so the annual amortization expense is calculated as the purchase price divided by the useful life. In this case, $59,000 divided by 10 years equals $5,900. The amortization expense is recognized as an operating expense, and the patent's carrying value is reduced accordingly.
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What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?
Answers
The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.
What is a Contract?A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.
In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.
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how would Americans cover a $400 emergency? personal finance answers
Answers
Answer: Sixty-eight percent of all adults said they would have covered the expense exclusively using cash, savings or a credit card paid off at the next statement. One in 9 even reported they wouldn't be able to cover a $400 emergency expense whatsoever
Explanation:
Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.
Answers
Answer:
True
Explanation:
It is TRUE that Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards.
This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.
Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.
specifically targeting the customers of a competitor is always a legitimate business practice. true or false?
Answers
False. Specifically targeting the customers of a competitor is not always a legitimate business practice.
While competition is a normal and healthy aspect of business, businesses are expected to compete fairly and ethically. Targeting the customers of a competitor through unethical means such as spreading false information, engaging in deceptive advertising, or using unfair business practices would not be considered a legitimate practice. Additionally, businesses are expected to respect the privacy and confidential information of their competitors and their customers. Engaging in unethical or illegal practices to target the customers of a competitor could harm the reputation of the business and lead to legal consequences.
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False.
Specifically targeting the customers of a competitor may not always be a legitimate business practice, as it could involve unethical or illegal tactics such as false advertising or poaching employees.
However, competing for customers through fair competition and offering superior products or services is a legitimate business practice.
While competition and attracting customers is a normal part of business, some targeting methods may be unethical or even illegal, such as engaging in deceptive advertising or violating privacy regulations.
It is important for businesses to act ethically and follow relevant laws when competing for customers.
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What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answers
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
31.4X R. James drew up the following statement of financial position on 31 December 2017. Statement of Financial Position of R. James as at 31 December 2017 $ Non-current assets Furniture and fittings Motor vehicles Current assets Inventory Accounts receivable Cash at bank Less Current liabilities Accounts payable Net current assets Capital 1 January 2017 ⁸0 7,870 When checking the books, the following errors and omissions were found. (i) A purchase of fittings, $140, had been included in the ******ebook converter DEMO Watermarks******* purchases account. (ii) Motor vehicles should have been depreciated by $280. (iii) A debt of $41 included in accounts receivable was Required: (a) show your calculation of the correct net profit (b) draw up a corrected statement of affairs as at 31 December 2017.
Answers
(a) the corrected net profit is: Capital 1 January 2017 + Net current assets - Non-current assets = $7,870 + ($0 - $140) - $7,590 = $140 b) Total capital $8,010
a) To calculate the correct net profit, we need to adjust for the errors and omissions found. Firstly, the purchase of fittings that was included in the purchases account should have been included in the furniture and fittings non-current asset account.
Therefore, we need to deduct $140 from the purchases account and add it to the furniture and fittings account. Secondly, the motor vehicles should have been depreciated by $280, which means we need to reduce the value of the motor vehicles account by $280. Finally, the debt of $41 that was included in accounts receivable was not paid, so we need to deduct it from the accounts receivable account.
So, the adjusted statement of financial position is:
Non-current assets:
Furniture and fittings $140
Motor vehicles $7,590 (original value of $7,870 - $280 depreciation)
Current assets:
Inventory
Accounts receivable $0 (original value of $41 - $41 debt)
Cash at bank
Less Current liabilities:
Accounts payable
Net current assets:
Capital 1 January 2017
Therefore, the corrected net profit is:
Capital 1 January 2017 + Net current assets - Non-current assets = $7,870 + ($0 - $140) - $7,590 = $140
(b) The corrected statement of affairs as at 31 December 2017 is:
Non-current assets:
Furniture and fittings $140
Motor vehicles $7,590
Current assets:
Inventory
Accounts receivable $0
Cash at bank
Less Current liabilities:
Accounts payable
Net current assets: $0
Capital 1 January 2017 $7,870
Add: Corrected net profit $140
Total capital $8,010
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If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers
Answers
Answer:
C. proper technology to keep the person connected
Explanation:
Answer:
C
Explanation:
Edge 2021
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
True or false: If the particular use of a copyrighted work falls into one of the protected categories listed under fair use, it implies that a fair-use defense will automatically be successful.
Answers
The statement "If the particular use of a copyrighted work falls into one of the protected categories listed under fair use, it implies that a fair-use defense will automatically be successful" is False.
Just because a particular use of a copyrighted work falls into one of the protected categories listed under fair use does not automatically guarantee a successful fair-use defense.
Fair use is a legal doctrine that allows for the use of copyrighted material without the owner's permission for certain purposes, such as criticism, commentary, news reporting, teaching, scholarship, and research.
However, determining whether a particular use is considered fair use requires a case-by-case analysis that considers four factors:
The purpose and character of the useThe nature of the copyrighted workThe amount and substantiality of the portion usedThe effect of the use on the potential market for or value of the copyrighted workEach of these factors must be weighed and balanced to determine whether the use of copyrighted material is fair use or not. Ultimately, it is up to a court to decide whether a particular use falls under fair use or not.
In summary, the fact that a particular use of a copyrighted work falls into one of the protected categories listed under fair use does not guarantee a successful fair-use defense.
A case-by-case analysis of the four fair use factors is necessary to determine whether a particular use is considered fair use or not.
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the purpose of calculating the covariance between two stocks is to provide a(n) measure of their movement together
Answers
The purpose of calculating the covariance between two stocks is to provide a measure of their movement together, or in other words, how their returns co-vary with each other. This measure is important for investors and portfolio managers as it allows them to better understand the relationship between two assets and how they may perform in the future.
A positive covariance indicates that the two stocks tend to move in the same direction, while a negative covariance suggests that they move in opposite directions. A covariance of zero means there is no relationship between the two stocks. By understanding the covariance between two stocks, investors can make more informed decisions about diversification and risk management. If two stocks have a high positive covariance, they may be highly correlated and therefore not provide much diversification benefit in a portfolio. On the other hand, if two stocks have a negative covariance, they may provide more diversification and help to reduce overall portfolio risk. Overall, calculating the covariance between two stocks is an important tool for investors looking to manage risk and optimize their portfolios.
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Popularity increases a product’s
A. price
B. utility
C. life cycle
D. trial period
Answers
Answer:
life cycle
Explanation:
When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle
Natalie and shay are both employees at righttool, inc. the marketing manager often meets with shay, the production manager, to solve specific mutual problems. this is an example of:
Answers
This is an example of Direct marketing as Natalie and shay are both employees in righttool, inc. Shay, the production manager, and the marketing manager frequently meet to solve specific mutual problems.
What is direct marketing?Direct marketing is the direct communication or the distribution to the customers, individuals or to the shopkeeper without involving the third party.
Direct marketing is so-called because it generally eradicates the middleman, such as adverts, it exclude Mail, email, social media, and texting campaigns.
Thus, it is called Direct marketing.
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Interest is defined as
Answers
Answer:
in·ter·est
/ˈint(ə)rəst/
Learn to pronounce
See definitions in:
All
Commerce
Law
noun
1.
the state of wanting to know or learn about something or someone.
"she looked about her with interest"
Similar:
attentiveness
undivided attention
absorption
engrossment
heed
regard
notice
scrutiny
curiosity
inquisitiveness
enjoyment
delight
Opposite:
boredom
2.
money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
"the monthly rate of interest"
Similar:
dividends
profits
returns
a percentage
Explanation:
Answer:
the feeling of wanting to know or learn about something or someone
leakey is a company that deals with sale and distribution of variety of products ranging from cereals, clothes, edibles, electronics and other related products. the company acquires the products from different parts of the world, in and outside of the country. assuming you are a well trained and experienced warehousing manager and leakey company is seeking your expertize to manage its varied inventories; a) explain to the leakey management team the need for having proper inventory control system for their company (5 marks) b) explain the various costs that leakey co. is likely to incur while trying to manage their inventories (5 marks) c) explain to leakey co. management how they would apply eoq model in helping them minimize inventory cost for their company (5 marks)
Answers
New-to-the-world products are the only category of genuinely new products. These goods are truly novel because they open up a brand-new market while making up a relatively minor portion of the new product line.
Microwaves, microprocessors, and copiers are a few examples of this kind of new product category. These categories would not apply to tech goods.
New product lines make up the second category of new products. A new product line would be when a business introduces a product from a new class that they haven't before offered.
Tech, for instance, just created Tech Nutrition Bars to enhance memory. This move into the food sector would be seen as a new product line because all of their prior items were connected to technology.
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Sally, Greg, John, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The four members are located throughout the Midwest, and they are utilizing the phone, e-mail, and collaborative computing to complete this project. This is an example of a _____.
Answers
Answer: Virtual organization
Explanation:
Virtual organization is a firm of organization whereby the members or the employees are geographically apart and not at the same place and therefore communicates by using their e-mails, phones, collaborative computing, or any other means of communication.
The virtual organization is what is being used by Sally, Greg, John, and Amar in the question above.
Luke is going to school to get a degree in Veterinary Medicine. He wants to work in an animal hospital after he graduates.
Which of the following job options would be most beneficial to Luke's career while he is going to school?
a. Babysit after school
b. Work at a fast food restaurant
c. Volunteer at a social service agency
d. Work an entry level position at a veterinary clinic
Answers
Imagine you are an entrepreneur in a market economy. You want to connect with potential customers who would benefit from your unique product. What is an example of a unique product in a market economy? What is the role of voluntary exchange, economic utility, and specialization in the transactions you hope to establish to sell this product? Explain each concept and its role.
Answers
The role of voluntary exchange in the transaction is that its facilitate freely trading of goods or services
The role of economic utility in the transaction is that the consumer's satisfaction from using a product will drive further sales.
How do we explain Market Economy & Voluntary Exchange?Basically, a market economy refers to an economy based on capitalism, that is, an economy whereby the goods and services are freely exchanged on an open market. The value of the outputs is mostly determined solely by market interaction between producers and consumers by a concept known as voluntary exchange. That leads us to the fact that the key principles of a market economy is the principle of voluntary exchange.
In economics, the Voluntary Exchange Principle is based on the consumers and producers acting in their self-interest, that is, the voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange.
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Discuss how information technology and supply chain management have changed the way products are manufactured from push to pull manufacturing?
Answers
Information technology and supply chain management have transformed the manufacturing process from a push-to-pull approach. Implementation of advanced technologies and efficient supply chain practices enables manufacturers to respond to customer demand more effectively.
Historically, manufacturing followed a push model, where products were produced based on forecasts and pushed into the market. However, the integration of information technology and supply chain management has facilitated a shift towards pull manufacturing, driven by customer demand.
Information technology plays a crucial role in enabling real-time visibility and data exchange throughout the supply chain. This allows manufacturers to gather accurate demand information, monitor inventory levels, and analyze customer preferences. With this information, they can make informed decisions and adjust production accordingly, reducing the risk of overproduction and minimizing inventory costs.
Supply chain management practices, such as just-in-time (JIT) and lean manufacturing, further support the pull approach. JIT focuses on delivering materials and components precisely when they are needed, minimizing waste, and reducing lead times. Lean manufacturing emphasizes continuous improvement, eliminating non-value-added activities and optimizing production flow.
By leveraging information technology and implementing efficient supply chain management strategies, manufacturers can align their production with actual customer demand. This shift to pull manufacturing improves operational efficiency, reduces inventory holding costs, enhances customer satisfaction, and enables greater flexibility to adapt to market fluctuations.
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How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
What is the balance after 3 years on a CD with an initial investment of $2,500.00 and a 3.05% interest rate?
A. $2,652.50 C. $2,506.10
B. $2,735.80 D. $7.625.00
Answers
what time is it? pls tell meee
Answers
Answer:
it is 11.20 am in my phone
HOPE IT HELPS
Discuss the empirical evidence that suggests that the Black-Scholes-Merton model is rejected for S&P 500 index options. Provide at least three different stylized empirical facts from the option market to support your answer. Despite being rejected by the data, why is the model still being used extensively in the finance industry? Provide references for any sources you use.
Answers
The Black-Scholes-Merton (BSM) model is widely used to price options in finance. However, there is empirical evidence that suggests the model is rejected for S&P 500 index options.
1.Volatility smile or smirk: Empirical studies have shown that S&P 500 index option prices exhibit volatility smiles or smirks. The smile arises because out-of-the-money puts and calls have higher implied volatilities than at-the-money options.
2. Skewed distribution of returns: Another stylized fact from the option market is that S&P 500 index returns are skewed. This means that there are more large negative returns than large positive returns. The Black-Scholes-Merton model assumes returns are normally distributed, which is not supported by the empirical evidence.
It is also used as a benchmark to compare other pricing models. However, there are many alternative models that can be used to price options, such as the Heston model, the stochastic volatility model, and the jump-diffusion model, among others.
Reference: Options, Futures, and Other Derivatives (John C. Hull)
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Laura’s husband died in a car accident. When she turns 67, she will receive her husband’s __1___. Her children will also receive the same until they ___2___ .
1. 401k account
social security benefits
certificate of deposit
2. gradute from high school
retire
become employed
this is on plato
i will give brainliest
Answers
Answer:
1. social security benefit
2.retire
If you are completing a job application in person, use
____
pencil
blue Ink
black ink
either blue or black nik
Answers
Answer:
Black Ink
Explanation:
Answer:
black ink
Explanation:
it is more professional to use black ink
The preferred method for situations involving strategic decision making, projects with a high degree of uncertainty, and projects with an unstable scope is the
Answers
The preferred method for situations involving strategic decision making, projects with a high degree of uncertainty, and projects with an unstable scope is the agile methodology. This methodology is based on flexibility, continuous improvement, and close collaboration between the project team and stakeholders.
Agile methodology emphasizes delivering value to customers through working software or product increments, rather than focusing on detailed plans and documentation. The project team works in short iterations or sprints, adapting to changing requirements and feedback from stakeholders. This approach allows for rapid response to changing market conditions or customer needs, making it ideal for strategic decision making. Agile methodology also allows for experimentation and learning, making it suitable for projects with a high degree of uncertainty.
The iterative approach allows the project team to test assumptions and validate ideas through feedback from customers, reducing the risk of failure. Finally, agile methodology accommodates projects with an unstable scope by allowing for changes in requirements throughout the project lifecycle. The project team can adapt to changing needs and priorities without disrupting the project's overall goals.
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Suppose there are only three people in the economy: jane, harry, and bob. the individual demand for corn for each of these consumers is given in exhibit 3-1. the total quantity demanded of corn if the market price is $5 is ____.
Answers
Answer:
$25
Explanation:
Please check the attached image for a diagram of exhibit 3-1
The total quantity demanded can be found by adding the sum of the quantity demanded at $5.
Jane doesn't demand at $5, so her quantity demanded is 0
For Henry it is 8
For Bob, it is 17
Total quantity demanded ia 25
I hope my answer helps you
In global trade new markets are constantly emerging and old markets are constantly improving with new__________________.
Answers
New markets emerge and old markets improve in global trade through technological advancements, infrastructure development, trade agreements, changing consumer preferences, and the growth of emerging economies.
1. Technological advancements: One significant factor driving the emergence of new markets and the improvement of old markets is the rapid advancement of technology. Innovations such as the Internet, e-commerce platforms, and digital payment systems have revolutionized global trade. These technologies have made it easier for businesses to reach customers worldwide, allowing for the growth of new markets and the improvement of existing ones.
2. Infrastructure development: Another key aspect contributing to the evolution of global trade is the continuous development of infrastructure. Improved transportation networks, such as highways, railways, ports, and airports, enable efficient movement of goods and services across regions. Infrastructure development opens up new markets by reducing transportation costs and increasing accessibility.
3. Trade agreements: International trade agreements also play a vital role in the expansion and improvement of global markets. These agreements aim to reduce trade barriers, such as tariffs and quotas, between countries. By promoting free trade, they create new opportunities for businesses to enter foreign markets and expand their customer base.
4. Changing consumer preferences: Consumer preferences are constantly evolving, driven by factors such as demographics, cultural shifts, and economic development. As consumers' needs and desires change, new markets emerge to cater to these demands. For example, the growing interest in sustainable and eco-friendly products has created new markets focused on environmentally friendly goods and services.
5. Emerging economies: The rise of emerging economies, such as China, India, and Brazil, has significantly impacted global trade. These countries offer large consumer markets with increasing purchasing power. As their economies develop, they become attractive destinations for businesses looking to expand globally. This drives the emergence of new markets and encourages the improvement of existing ones.
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