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.
B
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Distributive bargaining is also known as _______________________________ bargaining and means that the more one side receives, the less the other side receives.
Fill in the blank(s) with the appropriate word(s).
DigiSafe Inc. makes security systems for computer networks. It offers a fingerprint recognition program to its users. A magazine ad for DigiSafe products shows a lock with the words "Protected Zone" painted on it. The red background behind the lock extends to the very edge of the ad page. This ad is an example of a(n)
A. sticker. B. maximum coverage ad. C. bleed page. D. gatefold. E. overrun.
Which of the following debts is not dischargeable in bankruptcy?
A) judgments based on negligence B) judgments based on breach of contract C) judgments for willful and malicious injuries D) judgments in which the creditors would receive no distribution
When a prosecutor requests an indictment from a grand jury, one is usually issued
a. True b. False Indicate whether the statement is true or false