Intellectual property:

a. producers are likely to be adequately paid in the free market.
b. production is not subsidized by the government.
c. typically is expensive to produce but cheap to reproduce and transmit.
d. typically is expensive to produce, copy, and transmit.


c

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Economists who suggest that the United States is losing its competitive edge cite that

a. manufacturing drives innovation and that more American firms are choosing to manufacture overseas. b. the quality of education in western countries is declining. c. the United States is ambivalent about technology. d. the Asian continent contains more raw materials than the United States.

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An additional procedure related to subsequent events is the reading of the meeting minutes for the board of directors meeting

a. True b. False Indicate whether the statement is true or false

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According to the Model of Interaction Stages, during which stage of coming apart do partners begin restricting communication with the other?

a. differentiating b. circumscribing c. stagnating d. avoiding

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A director may make business decisions in reliance on information provided to him without incurring liability for negligence as long as he:

a. notifies the preparer of the information. b. reasonably believes that the information is reliable. c. conducts his own independent investigation. d. is given a sworn affidavit by the preparer.

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