Question

A patent attorney hired as a specialist to help the entrepreneur obtain a patent would most likely be hired on a(n): A) retainer fee B) success fee C) out-of-pocket reimbursement D) one-time fee

Answer 1

A patent attorney hired as a specialist to help the entrepreneur obtain a patent would most likely be hired on a **A) retainer fee**.
Retainer fees involve paying an attorney upfront for their services, typically based on an hourly rate or a fixed amount of money to secure their availability for the client's needs over a specified period.