A distinctive word, name, symbol, or device used by a business to distinguish its goods from those of its competitors is called a ________.
A. service name
B. trade name
C. service mark
D. trademark
Answer: D
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An internal control system consists of all the following policies and procedures except:
a. Those necessary to ensure the safeguarding of an entity's assets. b. Those necessary to ensure that cash on hand and on deposit in checking accounts is beyond the minimal amount for ongoing operations. c. Those necessary to ensure the reliability of its accounting records. d. Those necessary to ensure the accomplishment of its overall objectives.
Exhibit 20-1 On January 1, 2016, Pearson Company signed a lease agreement requiring six annual payments of $60,000, beginning December 31, 2016. The lease qualifies as a capital lease. Pearson's incremental borrowing rate was 9% and the lessor's implicit rate, known by Pearson, was 10%. The present value factors of an ordinary annuity of $1 for six periods for interest rates of 9% and 10% are
4.48592 and 4.35526, respectively. ? Refer to Exhibit 20-1. What would be the balance of the lease obligation for financial reporting purposes on December 31, 2017, after the lease payment (round answers to the nearest dollar)? A) $38,996 B) $167,979 C) $194,383 D) $233,379
Stephanie Miller, factory manager at Stratford Manufacturing, told his shift supervisor, "Billy, our target reject rate is 1.5 percent or less. Your shift usually does a lot better than that, but your reject rate has been averaging 3 percent for the past month. That's unacceptable." Stephanie has identified a
A. performance gap. B. unfreezing. C. force field analysis. D. refreezing. E. loophole.
Jennifer was just asked to serve on the Board of an insurance company. Jennifer is concerned that if the company is mismanaged, the policyowners, stockholders, and employees might sue the management team
What type of liability insurance will protect Jennifer from such claims if she accepts a position on the insurance company's Board? A) commercial general liability insurance B) employment-related practices liability insurance C) workers compensation and employer liability insurance D) directors and officers liability insurance