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12. Which is NOT a requirement of an invention? o Ability to make money Nonobvious o Novelty o Utility 18. The initial registration for a

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12. Which is NOT a requirement of an invention? o Ability to make money Nonobvious o Novelty o Utility 18. The initial registration for a patent lasts: 0 20 years O 50 years O 5 years 0 100 years 19. invest more than O Angels; professional VC firms. O Friends; professional VC firms O Professional VC firms; angels 20. When a corporation is established, its equity is divided among a number of shares of stock that are issued to the investors in proportion to their investment in the corporation. True O False

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