Answer the following statement(s) true (T) or false (F)

Design patents last for 20 years.


ANSWER: False

Business

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A contract modification does not add distinct goods and services. How is the contract modification accounted for?

A) as a separate contract B) prospective method C) retrospective method D) cumulative catch-up method

Business

What is a preference under the bankruptcy code? What time period is reviewed to determine if a preference has occurred? When does a long-term debt payment to a bank qualify under the ordinary course of business exception?

Business

Omega Company operates a computer chip production plant. Paula is the president of Omega. Ron, a representative of the Occupational Safety and Health Administration, inspects the plant and, citing a certain regulation, orders Omega to take specified steps immediately to improve sanitation at the plant. Paula believes that Ron is either exceeding his authority or that the regulation Ron claims to be enforcing is excessive. Can Omega ask a court for an order to stop enforcement of the regulation? If not, what can Omega do?

What will be an ideal response?

Business

States of nature

a. can describe uncontrollable natural events such as floods or freezing temperatures. b. can be selected by the decision maker. c. cannot be enumerated by the decision maker. d. All of the alternatives are true.

Business