The WTO has negotiated a TRIPS agreement whereby property rights do not take precedence over public health.
Answer the following statement true (T) or false (F)
True
Trade-related intellectual property rights do not take precedence over public health, which means that pharmaceuticals have lost their property rights on drugs patented before 1995.
You might also like to view...
Metro Sales Company offers warranties on all its electronic goods. Warranty expense is estimated at 3.5% of sales revenue. In 2019, Metro had sales of $333,000. In the same year, Metro replaced defective goods with merchandise inventory costing $8,750. Prepare the journal entry to record the replacement of defective goods. Omit explanation.
What will be an ideal response?
Mortgages always take priority over purchase money security interests
Indicate whether the statement is true or false
As the price of common stock rises,
A. the value of convertible bonds and convertible preferred stock declines. B. the value of convertible bonds falls but convertible stock rises. C. the value of convertible bonds rises but convertible preferred stock falls. D. the value of convertible bonds and convertible preferred stock rises.
In the financial accounting records, most assets should be reported at:
A) current replacement cost. B) current market value. C) historical cost. D) inflation-adjusted cost.