In 1946, Congress enacted the ________ Act to provide federal protection to trademarks, service marks, and other marks.
A. Sarbanes-Oxley
B. Lanham
C. No Electronic Theft
D. Economic Espionage
Answer: B
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Calvin Corp was organized on January 1 to operate a taxi service. For each of the following business activities, please indicate whether it is a financing (F), investing (I) or operating (O) activity. A. Issued shares of stock to each of the five
owners. B. Purchased five automobiles to use as taxis. C. Paid the first month's rent for a garage. D. Obtained a loan from the bank. E. Received cash from a customer for a 10-mile taxi ride. F. Paid the drivers wages for the first week. G. Purchased a fueling station to install at the garage (includes a 500 gallon tank). H. Declared and paid cash dividends to the owners after the first month's operations. I. Paid cash to repair the brakes on one of the taxis. J. Bought land for a future taxi office.
A corporation is defined as a legal entity that exists separate and distinct from its owners
Indicate whether the statement is true or false
Outsourcing is the use of suppliers outside the organization to perform services or produce goods that cannot be performed or produced internally
Indicate whether the statement is true or false
Under the U.S. Constitution, all powers that are neither given exclusively to the federal government nor taken from the states are ________
A) reserved to the states B) reverted to the president under the principle of sovereignty C) reserved to the federal government D) shared equally by the state and federal governments