Under the Leahy-Smith America Invents Act signed into law in 2011:

a. a patent will be awarded to the first inventor to file an application for the invention.
b. a patent will be awarded to the first person to create an invention.
c. patents granted after January 2012 may be renewed for one additional term.
d. the patent application process will be more complicated, but it will harmonize the U.S. system with systems commonly used in other countries with which the U.S. trades.

a

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The three elements of a "disability" under the ADA include:

A. impairment, incapacitating, and major life activity. B. injury, incapacitating, and major life activity. C. impairment, substantially limits, and major life activity. D. impairment, substantially limits, and essential job function.

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The CEO of Trans World Airlines (TWA), Jack Frye, wants to distribute $1B of cash by issuing a special dividend. Selected financial information for TWA is provided in the table below

Mr. Frye owns 51% of the common shares of TWA before the extra dividend. What is his total wealth in cash and shares after the special dividend? Trans World Airlines Selected Financial Information Stock Price $62.725 Cash $1,000M Market Capitalization $9,408.75M Shares Outstanding 150M Debt $0 A) $3,800.3M B) $4,058.4M C) $4,288.4M D) $4,798.5M E) $5,900.7M

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