Which of the following is a useful rule used to avoid pitfalls in selecting a trademark?
a. Trust a lawyer's judgment.
b. Copy a competitor's trademark.
c. Avoid abbreviations and acronyms.
d. Never choose a trademark without first conducting a trademark search.
ANSWER: d
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A machine was purchased for $39,000 . It has a current carrying value of $18,000 and had a depreciable cost of $25,000 . Its estimated residual value must have been
a. $18,000. b. $14,000. c. $11,000. d. $21,000.
________ is the opportunity cost of investing in an asset relative to the expected return on assets of similar risk
Fill in the blanks with correct word
In most jurisdictions, a seller has a duty to disclose any known defect that materially affects the value of the property and that a buyer could not reasonably discover
a. True b. False Indicate whether the statement is true or false
In duplicated systems
A) development occurs at the home base and operations are handed over to autonomous units in foreign locations. B) each foreign unit designs its own unique solutions and systems. C) systems development and operations occur in an integrated and coordinated fashion across all units. D) foreign units design the solutions and systems used at the domestic home base. E) systems development is a combined effort of domestic and international units which are then duplicated across the world.