A ________ is an owner of intellectual property or information rights who transfers rights in the property or information to another party.

A. lessor
B. lessee
C. licensee
D. licensor


Answer: D

Business

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The Internet has changed the world. Web 1.0:

A) transformed traditional retailing by selling goods and services over the Internet B) offered consumers a way to communicate with each other through e-mail C) creates online communities that connect buyers and sellers in new ways D) provided businesses with an opportunity to save money

Business

Injunctions are frequently used by courts to force employees to complete their contractual obligations with their employers

a. True b. False Indicate whether the statement is true or false

Business

Wippert Corporation, a merchandising company, reported the following results for December:?Sales$2,296,200?Cost of goods sold (all variable)$997,600?Total variable selling expense$86,000?Total fixed selling expense$57,100?Total variable administrative expense$43,000?Total fixed administrative expense$148,100Required:a. Prepare a traditional format income statement for December.b. Prepare a contribution format income statement for December.

What will be an ideal response?

Business

Subprime mortgages are mortgage loans made to borrowers with high incomes and better than average credit histories

Indicate whether the statement is true or false

Business