Which of the following cannot be registered as a trade name?
a. Peach Blossom, Certified Public Accountant
b. Apples & Oranges, Investment Partnership
c. Banana Republic Clothing, Inc.
d. Strawberries
d
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An accord and satisfaction:
A) Usually arises in settlement of a dispute under the original contract. B) Can come into existence even if only one party wants it. C) Discharges the original contract's duties upon reaching the accord. D) Involves a third party in the contract.
An incidental third party beneficiary can sue directly to enforce the contract.
Answer the following statement true (T) or false (F)
Starlit Corporation recently had an incident where one of their employees sent out confidential information to a competitor. The company has now decided to use a certain software which tracks their employees' online activities based on their mouse clicks. Which of the following is the company most likely planning to use?
A. Spear phishing B. Spyware C. Key trapper software D. Clickstream
Answer the following statements true (T) or false (F)
1. Obsolescence refers to the insufficient capacity of a company's plant assets to meet the company's growing productive demands. 2. Depreciation does not measure the decline in market value of an asset each period. 3. A plant asset'suseful life is the length of time it is productively used in a company operations. 4. It is necessary to report both the cost and the accumulated depreciation of plant assets in the financial statements. 5. Depreciation expense is calculated using its cost, estimates of an asset's salvage value, and an estimated useful life.