________ are acts, efforts, or performances exchanged from producer to user without ownership rights
A) Tangibles
B) Services
C) Ideas
D) Brand extensions
E) Licenses
B
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In a shipment contract, the risk passes to the buyer when the goods are properly tendered at the destination point
a. True b. False Indicate whether the statement is true or false
For some value of Z, the probability that a standard normal variable is below Z is 0.3783. The value of Z is:
A) -0.81. B) -0.31. C) 0.82. D) 1.55.
The records of Roadmaster Auto Rentals show the following information as of December 31. The sole stockholder, Rob Fletcher received dividends of $52,000 during the year. Prepare a December income statement, a December statement of retained earnings, and a December 31 balance sheet.Accounts payable $36,000?Wages expense $75,000Insurance expense 2,000?Advertising expense 22,000Accounts receivable 24,000?Cash 11,000Common stock60,000?Office Furniture 15,000Airplanes 150,000?Maintenance expense 39,000Notes payable 47,000?Revenues 217,000Hangar 60,000?Retained earnings, January 190,000
What will be an ideal response?
Burger's Inc. owns a number of fast food stores across the country. Ryan, who wants to start his own business, decides to open a store under the Burger's Inc. trademark. He has to sell and market the fast food products according to the terms of the licensing agreement. In this scenario, Ryan is a:
A. franchisee. B. venture capitalist. C. franchiser. D. manufacturing agent.