The term unfit fitness refers to a situation in which employees of a firm have the wrong skills for the current environment

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is true about revised U.S. patent laws?

A) Patents are valid for 17 years after the patent is granted. B) Patents are valid for 17 years after the patent is filed. C) Patents are valid for 20 years after the patent is granted. D) Patents are valid for 20 years after the filing date of the application. E) Patents are valid as long as the product is manufactured.

Business

Preferred stock is considered the residual equity of a corporation

Indicate whether the statement is true or false

Business

Courts may award damages called quantum meruit, which means

A)"as much as he deserves." B)"to the letter of the law." C)"let the buyer beware." D)"something for something."

Business

The U.S. government has passed laws regulating the use of e-mail marketing because

A. it makes use of comparative advertising. B. it violates the privacy of online users and makes unauthorized use of consumer data. C. it results in high volumes of spam and many consumers consider it a nuisance. D. of the huge costs involved in monitoring Internet traffic. E. it involves sharing of a company's confidential data with the consumers.

Business