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Direct costs of producing a product or providing a service is called Select one: O a. gross profit O b. gross profit marginh O c.

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Direct costs of producing a product or providing a service is called Select one: O a. gross profit O b. gross profit marginh O c. net profit O d. net profit margin e.cost of goods sold Patents are intellectual property rights granted for inventions that are: Select one: O a. not useful, novel, and non-obvious O b. not useful, not novel, and obvious O c. useful, novel, and non-obvious O d. useful, not novel, and obvious O e. useless, frivolous, and oblivious Which form of business organization typically offers the easiest transfer of ownership? Select one: O a. proprietorship O b. limited partnership O c. corporation O d. subchapter S corporation O e. general partnership If you are an inventor with a patent, the: Select one: O a. U.S. Patent Office will enforce your rights O b.U.S. Government will enforce your rights O c. burden of enforcing your patent is yours O d. Leahy-Smith America Invents Act provides patent protection O e. American Civil Liberties Union will defend your rights Intellectual property can be protected by all of the following except: Select one: O a. patents O b. trademarks O c. legal disclaimers d. copyrights e. trade secrets Clear my choice

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