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sergey [27]
2 years ago
15

In 2015, an inventor dreamed up and constructed a certain new kind of widget. He kept his invention a secret. Two years later, a

nother inventor who conceived the same widget filed a patent application in December 2017. The first inventor, learning of the patent application, filed for his own patent in March 2018. Who is entitled to the patent, assuming that the invention was truly novel and not obvious? Why? HINT: Please use the Internet to research US Patent Law in 2015.
Business
1 answer:
tatuchka [14]2 years ago
6 0

Answer:

Please take a look to the explication below.

Explanation:

The inventor who filed the patent application for the widget in December 2017 would receive the patent protection. As the invention is novel and not obvious, the inventors are eligible for patent protection. US had moved from first-to-invent to first-to-file system after the America invents Act in 2011 and hence patents are awarded to the inventor who first files for patent protection.

Before the law, it was awarded to the person who first invented the invention even if they did not file for patent protection. But now it goes to the person who first files the invention and hence the inventor who first invented but filed in March 2018 is not entitled for the patent.

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P. Daves Inc's stock is currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4
Svetllana [295]

Answer:

The price of the stock six years from now will be $56.94

Explanation:

To calculate the price of a stock that pays a dividend which grows at a constant rate forever, we use the constant growth model of DDM. The current price of stock using the constant growth model is calculated as follows,

P0 = D1 / r - g

As, we don't know the D1, that is dividend expected for the next year, we will calculate it first,

45 = D1 /  (0.12 - 0.04)

45 * (0.12-0.04)  =  D1

45 * (0.08) = D1

3.6 = D1

We use the D1 to calculate the price today. Thus, we will use D7 to calculate the price six years from now.

D7 = D1 * (1+g)^6

P6 = 3.6 * (1+0.04)^6  /  (0.12 - 0.04)

P6 = $56.939 rounded off to $56.94

8 0
2 years ago
Read 2 more answers
Malcolm consults his horoscope to determine what stocks to buy; miles studies the financial section of the paper and follows the
Alina [70]

Malcom has an external locus of control, aka he believes that things are influenced by forces outside of his control.

Miles has an internal locus of control and believes that he is responsible for influencing the outcomes of things in his life.

5 0
2 years ago
The Eastern District of Adelson Inc. is organized as a cost center. The budget for the Eastern District of Adelson Inc. for the
irinina [24]

Answer:

                         Eastern District: Adelson Inc.

                         Budget Performance Report

                   For the Year Ended December 31, XX

                                             Actual               Static             Variance

                                             <u>results              budget                           </u>

Sales salaries                       $818,880       $819,840              -$960

System adm. salaries          $447,720       $448,152               -$432

Customer service salaries   $183,120       $152,600          $30,520

Billing salaries                        $98,100        $98,760               -$660

Maintenance                       $273,000         $271,104             $1,896

Depreciation of P & E           $92,232         $92,232                    $0

Insurance and prop. taxes    $41,400          $41,280                $120

Total                                  $1,954,452       $1,923,968       $30,484  

Explanation:

A budget performance report shows how the actual costs and/or revenues perform according to the planned budget. A negative sign on the variance column shows a favorable variance (lower costs or higher revenues), while a positive sign shows an unfavorable variance (higher costs or lower revenues).

3 0
2 years ago
Describe the tree resin found only in the Dominican Republic that is traditionally made into jewelry. Describe the natural gemst
dlinn [17]

Answer:

larimar

music

Barack Obama

Explanation:

In the Dominican republic, Larimar is the most famous gemstone. This stone is found in the sea shores of the area. The stone has varying colors. At most instances, the stone has colors that vary from white to light blue, green deep blue, and deep blue.

The most famous culture in Cuba is music. The music is a fusion of the Latino and Hispanic music.

In 2016, president Obama made is visit to Cuba.

3 0
2 years ago
Mr. Rich arranged for a mortgage loan for 65 percent of the $2.5 million purchase price of a home. The monthly payment will be $
olga2289 [7]

Answer:

Effective annual rate = 6.82 %

Explanation:

given data

loan = 65 % of  $2.5 million = $1625000

monthly payment pmt = $10,400

time = 30 year = 30 × 12 = 360

solution

we get here rate first by present value

present value = pmt × \frac{1-(1+r)^{-t}}{r}   ..........1

$1625000 = $10400  × \frac{1-(1+r)^{-360}}{r}

15.625 = \frac{1-(1+r)^{-360}}{r}

solve it we get

r = 0.5517%

and Effective annual rate  will be

Effective annual rate = (1+r)^{12} -1

Effective annual rate = (1+0.005517)^{12} -1

Effective annual rate = 0.068250

Effective annual rate = 6.82 %

7 0
2 years ago
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