Which of the following is always created through acquisition of another company?
a. Copyright
b. Patent
c. Trade mark
d. Goodwill
d
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Which if the following describes a product-market most accurately?
A. Competing sellers offer physically or conceptually similar products. B. No intermediaries operate in the market. C. All the customers want the same product but will consider a substitute if their preferred brand is not available. D. One seller has a patent for a superior product and other firms try to imitate the leader the best they can. E. Exchanges are based on barter rather than money.
Americans' fear of centralized power and their distrust of moneyed interests explain why the U.S. did not have a central bank until the
A) 17th century. B) 18th century. C) 19th century. D) 20th century.
The ownership of property by two or more persons who have an undivided interest in the property but has no right of survivorship is:
a. a life estate b. a joint tenancy c. a tenancy in common d. a fee common e. none of the other choices
The Food, Drug and Cosmetic Act of 1938 gave the FDA broad powers to regulate food production and prohibit false advertising of drugs
a. True b. False Indicate whether the statement is true or false