Tim and janet were divorced in 2018. their only marital property was a personal residence with a value of $120,000 and cost of $50,000. under the terms of the divorce agreement, janet would receive the house and janet would pay tim $15,000 each year for 5 years, or until tim's death, whichever should occur first. tim and janet lived apart when the payments were made to tim. the divorce agreement did not contain the word "alimony".

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation