Priscilla is a trader of silver and diamond jewelry. Due to a recessionary trend in the industry, her business has not been making any profits for a few months. As the end of this economic trend cannot be easily ascertained, she decides to get her house mortgaged so that she can add a new line of business of trading in semi-precious stones. This financial risk appetite of Priscilla illustrates her _____ as an entrepreneur.
A. high energy levels
B. tolerance of uncertainty
C. tolerance of failure
D. deep visionary sense
Answer: B
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Research and development costs are
a. treated as an expense when incurred. b. capitalized but not amortized. c. capitalized and amortized over the periods that will probably benefit from the research and development. d. included with the cost of the patent resulting from the research and development.
Performance bonds, warranties, and guarantees are financial instruments used to share risk.
Answer the following statement true (T) or false (F)
"Inherently distinctive" trade dress is protected under the:
a. Property Act b. Trade Dress Act c. Shelton Act d. Copyright Act e. none of the other choices are correct
As the researcher commissioned by Twinings to carry out the research, how would you express the aim and objectives of the new study?
What will be an ideal response?