What were the consequences of the Federal Trademark Dilution Act of 1995 (FTDA)?
What will be an ideal response?
A number of states passed trademark dilution laws, which prohibited the use of "distinctive" or "famous" trademarks, such as McDonald's, even without a showing of consumer confusion. In 1995, Congress made similar protection available at the federal level by passing the Federal Trademark Dilution Act of 1995 (FTDA). In one of the first cases decided under this law, the court said that the protection available under this act extended not just to identical marks but also to similar marks. In that case, Ringling Brothers-Barnum & Bailey challenged Utah's use of the slogan "The Greatest Snow on Earth" as diluting its famous slogan, "The Greatest Show on Earth." In denying Utah's motion to dismiss because the slogans were not identical, the court said that the marks need not be identical.
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All of the following factors can be associated with high levels of fraud and detract from a positive work environment EXCEPT:
a. top management that does not pay attention to behavior of employees. b. lack of recognition of job performance. c. unrealistically low pay. d. low turnover.
A company factored $38,000 of its accounts receivable and was charged a 1% factoring fee. The journal entry to record this transaction would include a:
A. Debit to Cash of $38,000 and a credit to Accounts Receivable of $38,000. B. Debit to Cash of $38,380 and a credit to Accounts Receivable of $38,380. C. Debit to Cash of $37,620, a debit to Factoring Fee Expense of $380, and a credit to Accounts Receivable of $38,000. D. Debit to Cash of $38,000, a credit to Factoring Fee Expense of $380, and a credit to Accounts Receivable of $37,620. E. Debit to Cash of $38,000 and a credit to Notes Payable of $38,000.
Which of the following represents the core drives of the information age?
A. Fact, intelligence, business skills, knowledge. B. Data, intelligence, business information, knowledge. C. Data, information, business intelligence, knowledge. D. Fact, data, intelligence, experience.
When the stated interest rate for a loan equals the yield required by the lender, then the amount borrowed equals the
a. principal amount of the loan. b. principal amount of the loan plus a premium. c. principal amount of the loan less a discount. d. fair amount of the loan. e. fair amount of the loan less a discount.