educational Objective 4
Describe the features of patents and risk control measures for patent loss exposures.
Review Questions
4-1. Identify the three types of patents.
4-2. Identify the three characteristics that an invention must have to be eligible for a patent in the United States.
4-3. Explain the role of monitoring firms in the patent application process.
4-4. Identify the risk control measures that can be used for patent loss exposures.