KG
Kanika Goins
Answers (6)
KG
Answered
The bank should have done what to terminate its interest in any property belonging to Morgan?
A) The bank should have filed a termination statement within 20 days.
B) The bank should have filed a termination statement within one month.
C) The bank should have filed a waiver statement within 20 days.
D) The bank should have filed a waiver statement within one month.
E) The bank should have filed a stopgap statement by the time Morgan's next payment was due had she not paid off the loan.
A) The bank should have filed a termination statement within 20 days.
B) The bank should have filed a termination statement within one month.
C) The bank should have filed a waiver statement within 20 days.
D) The bank should have filed a waiver statement within one month.
E) The bank should have filed a stopgap statement by the time Morgan's next payment was due had she not paid off the loan.
On Jul 18, 2024
A
KG
Answered
One of the objectives of the cash management process is to determine the Best way to invest the temporary excess cash reserves of the firm.
On Jul 14, 2024
True
KG
Answered
____________ the airlines,trucking,and long-distance phone calling has led to lower prices for consumers.
A) Regulation of
B) Trusts in
C) Deregulation of
D) Conglomerates in
A) Regulation of
B) Trusts in
C) Deregulation of
D) Conglomerates in
On Jun 17, 2024
C
KG
Answered
Paul and Robert designed a new phone case that they want to introduce to a large market. They decide that the quickest way to have their product recognized would be a symbol that would alert the buyer that it can be used with any smartphone. After playing with some symbols, they decide to use a slight variation of Apple Computer Ltd.'s apple symbol because it is pleasing to the eye and well known. Which of the following is true?
A) There could be no infringement of Apple Computer Ltd.'s registered trademark unless the apple symbol used by Paul and Robert is exactly like its symbol.
B) There could be no infringement of Apple Computer Ltd.'s registered trademark unless Apple Computer Ltd. suffers a loss because of this unauthorized use of its symbol.
C) It is one of the jobs of the trademark office to alert owners of trademarks when their symbols are being used by others.
D) If Apple Computer Ltd. did sue Paul and Robert for infringement of trademark, it could ask the court for an injunction as well as for damages.
E) Even if Paul and Robert knowingly forged the trademark, they would only be liable in a civil action and could never be charged with a criminal offence.
A) There could be no infringement of Apple Computer Ltd.'s registered trademark unless the apple symbol used by Paul and Robert is exactly like its symbol.
B) There could be no infringement of Apple Computer Ltd.'s registered trademark unless Apple Computer Ltd. suffers a loss because of this unauthorized use of its symbol.
C) It is one of the jobs of the trademark office to alert owners of trademarks when their symbols are being used by others.
D) If Apple Computer Ltd. did sue Paul and Robert for infringement of trademark, it could ask the court for an injunction as well as for damages.
E) Even if Paul and Robert knowingly forged the trademark, they would only be liable in a civil action and could never be charged with a criminal offence.
On Jun 13, 2024
D
KG
Answered
The distribution of cash to partners in a partnership liquidation is always made based on the partners' income sharing ratio.
On May 17, 2024
False
KG
Answered
Discuss how the equity method of accounting for investments prevents managers of the investor corporation from manipulating income related to dividends from the investee.
On May 13, 2024
When one corporation exerts significant influence over another (such influence is presumed to result from ownership of 20 to 50 percent of the common shares),it is unreasonable to assume that transactions between those corporations are made at "arm's length" as assumed in financial accounting.Without the equity method,managers of the investor company could manipulate income by influencing the investee's dividend policy.Large dividend payments could be used to bolster income in bad years.The equity method prevents this type of manipulation by requiring dividends received to be offset against the investment account rather than recognized as income.