Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands is pervasive in China because laws protecting intellectual property are unclear and sporadically enforced. Even when sanctions are applied, they are minimal, typically consisting of confiscation, a warning, a public apology, and perhaps a fine. Moreover, copying enjoys a long tradition in China that does not carry a stigma. A business introducing a product into China needs to know that its ________ may lead to trademark infringements.
A. utilitarianism
B. societal culture and norms
C. antecedent states
D. moral idealism
E. religious precepts
Answer: B
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Tarkington Beers, Inc purchased the most popular and well-known pub in a college town. Its purchase price was $1,200,000 . The appraisers determined that the land should be valued at $400,000, the building at $500,000 and the equipment at $200,000 . Which of the following statements is correct?
a. Tarkington Beers, Inc. should record only the appraised value of the assets. b. Tarkington Beers, Inc. needs to adjust the value of the assets in proportion to their appraised value so that the total of the assets equals the purchase price. c. Tarkington Beers, Inc. paid too much for the business and needs to record a loss. d. Tarkington Beers, Inc. needs to record goodwill of $100,000.
Email became a widely used communication tool because it offered the advantages of speed and efficiency
Indicate whether the statement is true or false.
An artisan's (possessory) lien attaches to personal property
a. True b. False Indicate whether the statement is true or false
Our non-verbal communications express our feelings and opinions better than our spoken words
Indicate whether the statement is true or false.