The law that focuses on the protection of trademarks and brand names is the
A. Magnuson-Moss Act.
B. Federal Mass Product Act.
C. Uniform Product Code Act.
D. Lanham Act.
E. Federal Fair Packaging and Labeling Act.
Answer: D
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Based on the following data, what is the quick ratio, rounded to one decimal point? Accounts payable $ 30,000 Accounts receivable 60,000 Accrued liabilities 5,000 Cash 30,000 Intangible assets 50,000 Inventory 69,000 Long-term investments 80,000 Long-term liabilities 100,000 Marketable securities 30,000 Fixed assets 670,000 Prepaid expenses 1,000
a. 3.4 b. 3.0 c. 2.2 d. 1.8
Match each term to its definition.
A) Sent by the vendor after the inventory has been shipped to the purchaser. B) Sent to the vendor when goods are ordered. C) Prepared by the purchaser when the goods are received. D) Sent to the vendor after all approving documents have been submitted. 23. Invoice 24. Purchase Order 25. Receiving Report 26. Check
According to the text, the traditional definition of selling includes all of the following components EXCEPT:
A. communication between buyer and seller. B. providing customers with information. C. persuading a prospective customer to buy. D. explaining how to appear unselfish to customers. E. providing after-the-sale service.
In the Womco, Inc v. Navistar International Corporation case, the court stated the disclaimer of the warranty of:
a. merchantability must be written and mention the word "merchantability.". b. merchantability may be oral. c. fitness for a particular purpose may be oral or written. d. merchantability or fitness for a particular purpose must be conspicuous, which requires that the disclaimer be in a larger type and a different color.