When royalties are paid, the amount paid is reported to the recipient by the payer at the end of the year on a Schedule K-1.

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


False

The payment is reported on Form 1099-MISC.

Business

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As a matter of law, a combination of two inventions cannot be considered nonobvious

a. True b. False Indicate whether the statement is true or false

Business

Bart, the owner of Clear Cut Corporation, signs an instrument that includes the phrase "payment for this note will be made from the proceeds of next year's timber sale." This instrument is A) negotiable

B) notnegotiable, because payment can be made only out of a particular source. C) notnegotiable, because it states an express condition to payment. D) notnegotiable, because the reasons for the note are not clear on its face.

Business

Daniel went onto an Internet message board and found that his ex-wife, Faye, had posted a message calling him a fat, insensitive jerk who only cared about watching sports on TV. Does Daniel have any protection against Faye making such statements to a potentially large number of readers, some of whom may know Daniel and some of whom may not?

Business

In interpreting a statute, a court will consider: A) The legislative intent

B) The words chosen. C) The factual circumstances. D) The vote margin for passage. E)?a, b and c

Business