Switch/On Company develops "Instant," software to speed the display of graphics on Web sites. "Instant" has the most copyright protection under

A. the Federal Trademark Dilution Act.
B. the Internet Corporation for Assigned Names and Numbers.
C. the Trade-Related Aspects of Intellectual Property Rights agreement.
D. the Uniform Trade Secrets Act.


Answer: C

Business

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A business accepts a 12 percent, $94,000 note due in three years. Assuming simple interest, how much will the business receive when the note falls due?

A) $105,280 B) $127,840 C) $116,560 D) $94,000

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Describe the following concepts: (1) going concern, (2) recognition and realization, and (3) relevance and reliability,

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Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital?

A) $243,000 B) $143,000 C) $183,000 D) $69,000

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a. True b. False

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