One of the drawbacks of patent protection is
A) that only the underlying ideas are protected.
B) digital media cannot be patented.
C) preventing the ideas from falling into public domain.
D) the years of waiting to receive it.
E) the limited period of protection.
D
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Consulting on problems, rendering technical assistance, arranging financing, and expediting delivery are examples of the ________ task in the selling context
A) information gathering B) targeting C) communicating D) servicing E) allocating
All of the following will affect retained earnings except
a. expenses incurred. b. dividends declared and paid. c. revenues earned. d. investments by owners.
Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10.65 percent currently have a yield to maturity (YTM) equal to 15.25 percent. Based on this information, it is understood that BB&C's bonds must currently be selling at _____ in the financial markets.
A. the par value B. a discount C. a premium D. the inflation adjusted interest rate E. a floating interest rate
All of the following statements about agency problems are true EXCEPT
A) Agency problems result from the separation of management and the ownership of a firm. B) Agency problems interfere with the goal of maximizing shareholder value. C) Agency costs are paid by the managers who do not act in the shareholders' best interest. D) The root cause of agency problems is conflicts of interest.