Seattle Paint Company developed a new exterior house paint that can be properly applied even
in the rain. How can this formula be protected without filing for a patent?
A) If the company takes all reasonable steps to avoid discovery of the secret, it can be
protected against some, but not all methods of discovery of the secret.
B) By registering a trademark for the product specifying that the product is distinctive
C) By putting a notice on the cans of paint that the formula is a protected trade secret
D) Without a patent, no protection is available.
A
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Achieving profitability will automatically assure sufficient amounts of cash
a. True b. False Indicate whether the statement is true or false
As an incentive to work efficiently, some organizations pay production workers ________, a wage based on the amount they produce.
A. merit pay B. a sales commission C. standard hour pay D. a special bonus E. a piecework rate
There is no scientific proof that employee wellness programs help organizations reduce absenteeism, retain employees, and contain rising health-care costs.
Answer the following statement true (T) or false (F)
Which of the following payments is a tax? I.Artis paid the IRS a penalty of $475 (above his $11,184 income tax balance due) because he had significantly underpaid his estimated income tax.II.Lindsey paid $135 to the state of Indiana to renew her CPA license.III.Carrie paid a $3.50 toll to cross the Mississippi River.IV.Darnell paid $950 as property tax that applies to all property owners, and all school children will benefit from it.
A. Only statement IV is correct. B. Only statement III is correct. C. Statements II and IV are correct. D. Statements I, II, and III are correct. E. Statements I, II, III, and IV are correct.