In order to bring the U.S. Patent laws in harmony with the systems of the majority of developed

nations, Congress changed the legal life of a patent from 17 to 20 years.

Indicate whether the statement is true or false

TRUE

Business

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Organizations succeed or fail not only because of how well they are led but because of how well followers follow.

a. true b. false

Business

Taylor Tobacco Company is concerned that the company may be held liable in a court of law and ordered to pay a large damage award to a smoker harmed by the company's cigarettes. The characteristics of the judicial system that increase the frequency and severity of loss are known as

A) moral hazard. B) particular risk. C) speculative risk. D) legal hazard.

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