Which of the following is true about filing for a patent?
a. Patents are based on a “first to file” basis.
b. Patents are based on a “first to invent” basis.
c. Patents can be shared if multiple people invent the same product.
d. Patents are awarded to the best design should multiple people file at the same time.
a. Patents are based on a “first to file” basis.
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A bond is usually divided into a number of individual bonds of $500 each
a. True b. False Indicate whether the statement is true or false
In 2019, grandparents contribute jointly owned funds to a § 529 qualified tuition plan on behalf of their granddaughter. The maximum annual exclusion allowed to them is $150,000 ($30,000 × 5 years).
Answer the following statement true (T) or false (F)
Which of the following is true of the sociological school of law?
A) It is parallel to the positivist school of law and shares the same chief tenets. B) Adherents of the sociological school seek to change the law by surveying case precedents and statutory law. C) The sociological school requires a legislator or judge to make an inventory of community interests. D) This school of law is very predictable with regard to individuals and businesses.
Activity-based costing and bottom-up budgeting share the step of:
A) Identifying cost drivers associated with each activity. B) Identifying activities that consumer resources and assigning costs to them. C) Assigning costs to projects by multiplying the cost driver rate times the volume of units. D) Tending to overestimate project costs due to the lack of involvement by top management.