Business Law - Intelectual Property Rights: Question:(ANSWER in IRAC format) Three inventors developed a software program that generated a particularly clear screen display on a computer. The PAtent Trademark Office (PTO) refused to issue a patent for this software. Do the inventors have a right to a patent? Argument for the Patent Trademark Office PTO: This software is merely a series of mathematical formulas that cannot be patented. Argument for the inventors: The program is not merely a mathematical concept or an abstract idea, but rather a specific machine to produce a useful, concrete, and tangible result. (ANSWER in IRAC format)