To serve as an arbitrator, one must be certified by the American Arbitration Association
a. True
b. False
Indicate whether the statement is true or false
False
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This year, Sutton Corporation's before-tax income was $2,000,000. It paid $175,000 income tax to Nebraska and $300,000 income tax to Iowa. Compute Sutton's federal income tax.
A. $420,000 B. $518,500 C. $680,000 D. $320,250
John Crichton had applied for a trademark logo at the U.S. Patent and Trademark Office for his new startup company, stating that he would use the logo in commerce within the next six months. But even after six months, he had not yet used the logo
Which of the following recourses does trademark law allow John Crichton so that he can retain his logo until he uses it in commerce? A) Apply for a six-month extension for the logo. B) Change the logo slightly, and reapply for the newly altered logo. C) Pay a fine so that the trademark gets registered immediately. D) Cancel the current application and apply for the same logo again.
Which of the following promises does not have to be evidenced by writing in order to be enforceable?
A) Jerry's agreement with Monique to buy her condominium for $200,000 B) Stewart's promise to work for Austin for a two-year period C) Christopher's promise to Midwest Credit Union that he will make payments on his son's truck if his son does not pay D) Mindy's agreement with Chelsea to buy her bike for $400
The term __________________ was coined to articulate concerns that the European Union, once formed, would raise trade restrictions against non-member countries and make it extremely difficult for foreign firms to reach consumers in member countries:
(a) Fortress Europe (b) Troika (c) Eurozone (d) Eurobloc