The holder of a(n) ________ has the exclusive right to produce, sell, and use a product, process, invention, or machine for 20 years
A) trade secret
B) industrial design right
C) patent
D) certification mark
C
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During 2009, Cabot Machine Company spent $352,000 on research and development costs for an invention. This invention was patented on January 2, 2010, at a nominal cost that was expensed in 2010 . The patent has a legal life of 1 . years and an estimated useful life of 8 years. In January 2014, Cabot paid $32,000 for legal fees in a successful defense of the patent. Amortization for 2014 should be
a. $2,462. b. $8,000. c. $32,000. d. $52,000.
RioFit was recently issued a citation for a violation of OSHA. This is RioFit's first violation, and the company has demonstrated sincere effort to comply with OSHA. It is likely that
A. if this was a willful violation, RioFit will be fined the maximum of $500,000. B. OSHA would adjust RioFit's penalty down from the established standards. C. OSHA will assess a penalty in line with established standards. D. if this was not a willful violation, RioFit will get just a warning.
Firms using the global strategy can be thought of as "world companies."
Indicate whether the statement is true or false
Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet?
A. The company repurchases common stock. B. The company pays a dividend. C. The company issues new common stock. D. The company gives customers more time to pay their bills. E. The company purchases a new piece of equipment.