Trademarks, copyrights, and patents are examples of ________
A) intellectual property rights
B) fundamental rights
C) tangible property rights
D) ethical rights
A
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Which of the following statements is false?
a. When using the weighted average method, it doesn't matter in what period the transferred in units were started. b. When the weighted average method is used, the cost of goods transferred is equal to the number of units transferred multiplied by the cost per EUP. c. When the weighted average method is used, the ending inventory of WIP is computed by multiplying the EUP for each cost component multiplied by the component cost per unit. d. All of the above statements are false.
Busby contracts to build a house for Connell. Busby finishes approximately half of the house and quits. Connell files suit against Busby. Which remedy is not available?
a. Compensatory damages. b. Specific performance. c. Reformation. d. Nominal damages.
When a company chooses to use guerrilla marketing, it is using a ________ competitive action.
A. tactical B. differentiated C. strategic D. focused advantage
Webb Company purchased 90% of Jones Company for $990,000 when the book value of Jones was $1,000,000. There was no premium paid by Webb. Jones currently has 100,000 shares outstanding and a book value of $1,200,000.Jones sells 20,000 shares of previously unissued shares of its common stock to outside parties for $10 per share.What is the new percent ownership of Webb in Jones after the stock issuance?
A. 80%. B. 75%. C. 60%. D. 90%. E. 64%.