In order to bring the U.S. Patent laws in harmony with the systems of the majority of developed

nations, Congress changed the legal life of a patent from 17 to 20 years.

Indicate whether the statement is true or false


TRUE

Business

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Capacity-reservation contracts ______.

A. provide the manufacturer with the option of reserving additional production capacity with the supplier to be exercised in the future as needed B. have the potential to reduce the manufacturer’s procurement costs C. are an increasingly popular method for allocating risks across suppliers and buyers in high-tech supply chains D. have the potential to reduce the use of the supplier’s capacity

Business

Allowance for Doubtful Accounts has a debit balance of $1,100 at the end of the year (before adjustment), and an analysis of customers' accounts indicates doubtful accounts of $12,900. Which of the following entries records the proper provision for doubtful accounts?

A) debit Uncollectible Accounts Expense, $14,000; credit Allowance for Doubtful Accounts, $14,000 B) debit Allowance for Doubtful Accounts, $14,000; credit Uncollectible Accounts Expense, $14,000 C) debit Allowance for Doubtful Accounts, $11,800; credit Uncollectible Accounts Expense, $11,800 D) debit Uncollectible Accounts Expense, $11,800; credit Allowance for Doubtful Accounts, $11,800

Business

Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would have taken additional precautions to avoid harm

a. True b. False Indicate whether the statement is true or false

Business

Which of the following magazines underwent a digital remaking following the introduction of a metered paywall in 2014?

A. Sports Illustrated B. The New Yorker C. Newsweek D. Time

Business