Milo publishes a book titled No Equals, which includes a chapter from Paige's copyrighted book Olympic Champions. Milo's use of the chapter is actionable provided that

a. consumers are confused.
b. Milo's use is intentional.
c. Milo's use reproduces Paige's chapter exactly.
d. Milo does not have Paige's permission.


D

Business

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A company's accountant capitalized a payment that should have been recorded as a revenue expenditure. How will this error affect the company's financial statements?

A) Net income will be overstated. B) Revenues will be understated. C) Assets will be understated. D) Liabilities will be understated.

Business

Pippi, the manager of Quik Mart, deposits the store's receipts in its account at Regional Bank. As to the receipts, the relationship between Quik Mart and the bank is

A. attorney and client. B. creditor and debtor. C. guardian and ward. D. trustee and beneficiary.

Business

A seller may not make repairs or adjustments after the goods have been tendered, even if that action will bring the goods into conformity in order to "cure" nonconforming goods

Indicate whether the statement is true or false

Business

Based on observations of firms that have successfully invested abroad, we can conclude that one of the competitive advantages enjoyed by MNEs is:

A) managerial expertise. B) financial strength. C) competitiveness of their home markets. D) all of the above are competitive advantages.

Business