1. What are the differences between design and utility patents? Can a product/service have both design and utility patents at the same time?

If an issue arises after the completion of a transaction, which of the following actions should a salesperson take to remedy the situation? O slect one answer. The salesperson should act promptly and resolve any Issues that may arise before the parties take legal action. The salesperson should first review the agreement and verify the relevant information, to accurately advise the seller or buyer as required. The salesperson should first arrange for compensation and reimburse the buyer or seller for any loss they may have The salesperson should inform their client that since the transaction has closed, they are no longer obligated to provide further services to them. incurred.

The bigger the company, the higher the agency cost. Do you agree with this statement? State your stand and provide reasons to support your stand.

A patent is the government’s attempt to prevent the exploitation of a product or concept pioneer. It is the only way to provide innovative persons a guarantee that they will receive the fruits of their labor. Why is the patent invaluable to the entrepreneur? Explain your answer with facts.