The opt-in model for informed consent requires an affirmative action by the consumer before a company can collect and use information.
Answer the following statement true (T) or false (F)
True
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The number of days' sales in inventory is one means of expressing the relationship between the cost of goods sold and inventory
a. True b. False Indicate whether the statement is true or false
Which of the following is the primary criterion for revenue recognition applied in practice?
a. Cash collection b. Completion of the production process c. Completion of the earnings process d. When sales price is measurable
A decrease in a company's product depth will always hurt its marketing efforts.
Answer the following statement true (T) or false (F)
Victoria registered a trademark under the Lanham Act. Six years later Don noticed Victoria's trademark and filed a lawsuit to enjoin her from using it because he had used it in his home state, even though he hadn't registered it. Will Don prevail?
A)Yes. Victoria should have conducted a better search of trademarks registered under state laws. B)Yes. Federal law specifically states a federal trademark is not valid for any lawful owner of the same mark under state law. C)No. Don will not prevail and Victoria can continue to use the mark because of the time involved. D)No. But Don can register the mark after it has been 10 years since Victoria registered it because Victoria cannot renew it.