Answer the following statement(s) true (T) or false (F)
6. One way that a company can protect its product is by licensing its innovation to a large organization with protection already in place. This inventor then receives royalties.
7. Even if an inventor makes significant improvements to another company’s existing product (e.g., changing the way the product is used and solving a problem with the original product), the improved product is still the intellectual property of the original company.
8. A company with fewer than 50 employees does not have to offer family leave, medical leave, or health insurance.
9. A company must have an EIN before hiring employees
10. Companies with less than 10 employees are not required to post federal and state notices informing employees of their rights under labor laws.
11. Every jurisdiction and industry requires a legal filing to set up a business as a sole proprietorship.
6. True
7. False
8. True
9. True
10, False
11. False
You might also like to view...
Why should the copy of a purchase order, which is sent to receiving, be a "blind" copy?
Which of the following sets of documents are in the correct sequence?
A) Purchase order, check, receiving report B) Purchase requisition, purchase order, invoice C) Purchase requisition, receiving report, purchase order D) Purchase order, purchase requisition, invoice
Knowledge management involves managing the organization's intellectual capital, human resources, and strategic relationships
Indicate whether the statement is true or false.
Voiles Company reissued 200 shares of its treasury stock. The treasury stock originally cost $25 per share and was reissued for $35 per share. Select the answer that accurately reflects how the reissue of the treasury stock would affect the elements of Voiles' financial statements. Assets=Liab.+Stk. EquityRev.?Exp.=Net IncStmt. ofCash Flows Pd-in Cap TS?Treas. Stk. A.7,000=NA+2,000?(5,000)NA?NA=NA7.000 FAB.7,000=NA+2,000?5,000NA?NA=NA7,000 FAC.7,000=NA+7,000?NANA?NA=NA7,000 FAD.5,000=NA+5,000?NANA?NA=NA5,000 FA
A. Option A B. Option B C. Option C D. Option D