Cross-licensing agreements that involve any territorial restraint with respect to the manufacture, use, or marketing of goods are invalid
Indicate whether the statement is true or false
True
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If the cost of going to the ATM in an economy is $1 and the nominal interest rate is 5 percent, someone who spends $10 each day and has the total cost of holding cash = (365/T) + T, has a ____ probability of having his cash lost or stolen. Assume that the individual visits the ATM once in every T days.
A. 5 percent B. 10 percent C. 15 percent D. 20 percent
Which of the following invests funds into a business and is considered an owner?
a. Bankers b. Creditors c. Stockholders d. Lenders
A large retail enterprise has established a policy that requires that the paymaster deliver all unclaimed payroll checks to the Internal Auditing Department at the end of each payroll distribution day. This policy was most likely adopted in order to:
A. prevent the paymaster from cashing checks that are unclaimed for several weeks. B. prevent a bona fide employee's check from being claimed by another employee. C. detect any fictitious employee who may have been placed on the payroll. D. assure that employees who were absent on a payroll distribution day are not paid for that day.
Katz describes human skills as ______.
A. competency with the process or product within a company B. being aware of the perspective of others on issues C. ability to shape the strategic ideas of an organization D. the trait of high extraversion