A ________ provides the exclusive legal right to reproduce, publish, and sell the fixed form of an expression of an original creative idea
A) patent
B) licensing right
C) copyright
D) trademark
C
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A paperless system would eliminate documents and forms as the medium for conducting business transactions
Indicate whether the statement is true or false
The ________ was a document that restricted the newly created U.S. federal government from levying and collecting taxes, regulating commerce with foreign countries, and regulating interstate commerce.
A. U.S. Constitution B. Declaration of Independence C. Bill of Rights D. Articles of Confederation
As production moves up, the average cost per unit decreases because ________
A) variable costs decrease B) of increasing diseconomies of scale C) fixed costs are spread over more units D) overhead costs decrease E) revenue increases
Marlon intends to sell a piece of real estate he owns and contracts Nita, a real estate broker, to make the sale
In the contract, Marlon authorizes Nita to make the sale at or above a minimum price he wants and the date by which he wants the sale to be completed. The contract also stipulates that Marlon will not hire another broker to sell that piece of land until the contract period expires. Nita finds a suitable buyer, makes the sale in time, and is paid by Marlon for her services. Which of the following types of agency existed between Marlon and Nita? A) apparent agency B) agency by ratification C) implied agency D) express agency