Which of the following is true of the price-fixing clause?
A. It is a provision forbidding a licensee from competing with the licensor.
B. It specifies only the minimum prices.
C. It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor.
D. It requires a licensee to sell products at a price specified by the licensor.
D
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In 2000, Michael purchased land for $100,000. Over the years, economic conditions deteriorated, and the value of the land declined to $60,000. Michael sells the property in this year, when it is subject to a $30,000 nonrecourse mortgage. The buyer pays Michael $34,000 cash and takes the property subject to the mortgage. Michael incurs $5,000 in real estate commissions. Michael's gain or loss on the sale is
A. $36,000 loss. B. $1,000 loss. C. $4,000 gain. D. $41,000 loss.
"Listen up," said, Dave Thoreson, dive team leader, as his team finished suiting up. "This is a hazardous dive. We've been properly trained and properly equipped with the necessary gear and tools to rescue the trapped cavers. Stay in physical contact with the divers in front of and behind you. After we complete the rescue, meet me to debrief what we did well and what we can improve." In this case, the proper training and equipment is an example of ________ control.
A. specialist B. feedforward C. operator D. feedback E. concurrent
Chovita Marbles' purchases for next month's sales are constant each month at $1,500. Other payments for wages, rent, and taxes are constant at $700 per month. Chovita's total cash disbursements for a month is _____.?
A. ?$1,430 B. ?$1,500 C. ?$700 D. ?$850 E. ?$2,200
"Trade secret" is another name for proprietary information.?
Indicate whether the statement is true or false