Under TRIPS, a nation may decide to exclude pharmaceutical patents if it determines they are immoral
Indicate whether the statement is true or false
True
You might also like to view...
Differentiate between sacred consumption and profane consumption
What will be an ideal response?
Brenda is the CEO of a large corporation. While presenting a proposal to a commercial bank for a corporate loan, she offered the bank's commercial loan manager a $10,000 "gift" for favorable treatment. Is Brenda guilty of bribery?
A. Brenda is guilty of bribery because she is dealing with a commercial bank in the normal course of business. B. Brenda is guilty of bribery whether the manager accepts or not because the offer constitutes the crime. C. Brenda is not guilty of bribery. D. Brenda is guilty of bribery only if the manager accepts because the crime has not occurred without acceptance by the other party.
Erie Company reports the following comparative balance sheets and income statement information for the current year. Comparative Balance Sheets 12/31/201512/31/2016Assets Cash $90,000? $ 50,000 Accounts receivable 34,000? 18,000? Prepaid insurance 34,000? 42,000? Inventory 10,000? 26,000? Property, plant & equipment 42,000? 50,000? Total Assets $ 210,000 $186,000? Liabilities and Stockholder's Equity Accounts payable $ 50,000 $34,000? Salaries payable 18,000? 42,000? Long-term notes payable 26,000? 34,000? Common stock 22,000? 22,000? Retained earnings 94,000? 54,000? Total Liabilities and Stockholders'
Equity $ 210,000 $186,000? 2016 Income StatementRevenue$290,000? Cost of goods sold (162,000)? Gross margin 128,000? Operating expenses (82,000)? Net income$46,000? Assuming accounts payable is used for inventory purchases only, what was the amount of cash paid for inventory purchases during the year? A. $34,000 B. $194,000 C. $162,000 D. $178,000
With the ________ method of payment, some salary and some commission are included.
A. commission B. straight salary C. bonus D. combination E. stock