An exclusive license is defined as ________
A) a license that grants access to exclusive information for a limited period
B) a license that restricts the licensee to some information only
C) a license that grants rights to only one party for a specific period
D) a license that grants licensees only a few rights in intellectual property
C
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Industrial products salespeople are likely to make detailed comparisons to their competition and to stress customer service and product guarantees.
Answer the following statement true (T) or false (F)
Choose the correct word or words in parentheses. (There, Their, They're) are interesting opportunities in wireless communications occupations
The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash$1200? Accounts Receivable$900? Dividends 600? Common Stock 1075? Land 900? Revenue 900? Accounts Payable 500? Expense 600? Retained earnings 1725? What is the amount of net income that will be reported on the Year 1 income statement?
A. $300. B. $900. C. $100. D. $600.
ABS specializes in repair and maintenance of industrial machines. One repair technician has been assigned to five identical grinding machines for repair and maintenance. The machine breaks down after about 20 hr of use, and breakdowns have a Poisson probability distribution. It takes 6 hr to repair a machine, and repair times follow an exponential distribution. Machine downtime costs the company $250 an hour, and the technician is paid $50 an hour. Determine the average cost per hour of downtime if number of technicians is equal to two.
A. $234 B. $432 C. $320 D. $345