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KonstantinChe [14]
2 years ago
10

RJR Nabisco (a U.S. company) allows a company in Singapore to use its brand name and recipes to produce and sell one of its prod

ucts - Planters Nuts. In return, RJR Nabisco receives a royalty fee. This type of international arrangement is called ______.
Business
1 answer:
djyliett [7]2 years ago
7 0

RJR Nabisco allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. This type of international arrangement is called licensing.

<h3>What is licensing?</h3>

Generally, licensing is simply defined as granting someone formal authorization to do, have, or sell something: In many nations, licensing is used to determine who should sell what.

In conclusion, a license shows the authenticity of a producer.

Read more about License

brainly.com/question/15829119

#SPJ1

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Kay, an art collector, promised Hammer, an art student, that if Hammer could obtain certain rare artifacts within 2 weeks, Kay w
IRINA_888 [86]

Answer:

Hammer would prevail against Kay based on:_______.

A. Unilateral contract.

Explanation:

A unilateral contract is a contract created by an offer that can only be accepted by performance. To form the contract, the party making the offer (called the “offeror”) makes a promise in exchange for the act of performance by the other party.

in relation to the case in the contract, Hammer had carried out the duties expected of him thus making the contract valid under a unilateral contract.  

since in a unilateral contract, the offer can only be accepted when the other party completely performs the requested action.

Hence  Hammer would prevail against Kay based on Unilateral contract.

5 0
3 years ago
A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: (3 points)
Lostsunrise [7]

Answer:

Particulars                                   Amount

Provision for uncollectible         $6,080 ($76000*8%)

Less: Provision already made   <u>$1,000</u>

Provision to be made                <u>$5,080</u>

Date       Particulars                                                      Debit     Credit

31-Dec    Bad Debts                                                    $5,080

                    To Allowance for Doubtful Accounts                    $5,080

               (Being the adjusting entry to estimate bad debts)

4 0
3 years ago
Hailey files a discrimination charge against her company as it pays less wages to African American employees. The company demote
artcher [175]

Answer:

retaliation.

Explanation:

Title VII of hte Civil rights Act of 1964 prohibits discrimination at work based on race, color, ethnic origin, gender, religion, etc. What the company was doing was wrong, and the Equal Employment Opportunity Commission  (EEOC) should deal with this issue. But what they did to Hailey for complaining about the company's wrong deeds is twice as bad. The company not only keeps discriminating African American employees but also retaliates against Hailey for demanding something that is correct and legal.

4 0
3 years ago
Read 2 more answers
The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor
Galina-37 [17]

Answer:

The correct answer is D

Explanation:

OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.

OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.

3 0
3 years ago
Suppose that marginal propensity to consume is equal to 0.9 and the government increases its spending by $200 billion. This new
Step2247 [10]

Answer:

The answer is B.

Explanation:

Gross Domestic Product (GDP) is the total market value of all the final goods and services produced within a sovereign nation(country) during a given period of time usually a year.

Gross Domestic Product (GDP) can be calculated using expenditure method or income method or value-added method.

To analyze this question, expenditure method will be used. The formula is C + I + G + (X-M)

where C is the consumer spending

I is the business investments

G is the government spending

X is the exports

M is the imports.

Government has injected $200 billion into the economy through its spending.

This $200 billion is gotten from an increase in taxes, meaning consumers' disposable income has reduced by this amount.

Therefore, $200 billion will still be the incremental amount to the GDP

5 0
3 years ago
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