Wait until you find out how much the guy that invented the I ternet sold it for.
Comment on Insulin
SaveTheTuaHawk@lemmy.ca 9 months ago
Sold the patent for $1, that’s so Canadian.
AlexLost@lemmy.world 9 months ago
Comment on Insulin
SaveTheTuaHawk@lemmy.ca 9 months ago
Sold the patent for $1, that’s so Canadian.
Wait until you find out how much the guy that invented the I ternet sold it for.
ProbablyBaysean@lemmy.ca 9 months ago
If a transaction occurs for no consideration e.g. a gift, then there is always a chance for a progenitor to sue and claim rights as the transaction “never happened”. This happens when a company acquires another and tries to strip benefits, so the company fires and rehires all employees so that is the consideration. I have personally reviewed hundreds of land sales for 10$ in Texas so there is legally binding consideration exchanged. Functionally it is a legally bulletproof gift.