Under the principle of first in time equals first in right, priority ordinarily comes with earlier use of a mark in commerce.

Answer the following statement true (T) or false (F)


True

Business

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To avoid a conviction in a criminal prosecution under the securities laws, there must be at least a reasonable doubt that the defendant knew he or she was acting wrongfully.

Answer the following statement true (T) or false (F)

Business

PepsiCo experienced great success in Latin America with its Numeromania contest, which lured consumers by promising big cash prizes. They used the same contest in Poland successfully. This shows that:

A) Numeromania can be used in different languages. B) Numeromania can be used in cash starved countries. C) leverage experience gained in one country can be used in another country. D) economically squeezed consumers love Pepsi. E) Numeromania helped in developing a taste for Pepsi in both countries.

Business

This trait is the best descriptive of a “technical dialogue.”

A. deception, exploitation, coercion B. neutral stance toward self and others C. product of an I-Thou relationship D. I-It communication

Business

The journal entry a company uses to record the payment of a discounted note is

A) debit Notes Payable and Interest Expense; credit Cash B) debit Notes Payable; credit Cash C) debit Cash; credit Notes Payable D) debit Accounts Payable; credit Cash

Business