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Svetllana [295]
1 year ago
11

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a ________ for that good.

Business
1 answer:
Nastasia [14]1 year ago
4 0

If a legal monopoly owns the exclusive rights to a good for 20 years, it has a patent for that good.

What do you mean by monopoly?

Monopoly translates to "alone to sell." When there is only one vendor of a given commodity, there is little to no intense rivalry from other sellers. We'll examine the characteristics of a monopoly market in this post.

What do u understand by patent?

An innovator receives a property right known as a patent from a government body. In exchange for full disclosure of the innovation and for a set amount of time, a patent grants the creator exclusive rights to the patented process, design, or invention.

Learn more from monopolies: brainly.com/question/13113415

#SPJ4

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Risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps
allsm [11]

Answer:

True

Explanation:

Risk management is the practice of identification of number of risks that the organization faces and then assessing each of them. After assessment of the risks, the organization try to find ways to eliminate or reduce each single risk so that the business operations do not get affected. The precautionary measures can be simply avoid the risk, face the risk, share the risk (Insurance) and reduce the risk to acceptable level.

8 0
3 years ago
Inflating your income to get a loan approved is:
Deffense [45]

Answer:

If you falsely inflate your income, decrease your rent/mortgage payment, claim to be employed when you aren't or neglect to report your entire debt load, you may be approved for more credit. This may sound tempting, especially if you're in financial straits, but it's illegal

3 0
3 years ago
Which of the following leader types practices status quo?
omeli [17]

Answer:

C. transactional

Explanation:

In business, maintaining status quo means maintaining the pre-existing structure and culture that exist in the company. Transactional leaders tend to be less innovative , but very strict in enforcing pre-existing rules / conducts.

In order to maintain this status quo, transactional leaders tend to use rewards and punishment.

If an employee is following the company's requirement, that employee will be given rewards  (such as bonuses or promotion). If the employee violate the company's rule, that employee will be punished (such as salary cut or firing)

8 0
3 years ago
In its most recent financial statements, Nessler Inc. reported $55 million of net income and $770 million of retained earnings.
GrogVix [38]

Answer:

The $1,000,000 is the dividend amount which were paid to shareholders during the year

Explanation:

The computation of the dividend paid is shown below

As we know that,

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

So

$770,000,000 = $716,000,000 + $55,000,0000 - dividend paid

$770,000,000 = $771,000,000 - dividend paid

So, dividend paid = $1,000,000

3 0
3 years ago
The perimeter of a rectangle is 42cm and its area is 68cm2. Find its length and breadth.​
raketka [301]
<h2>Length = 4cm breadth = 17cm</h2>

Explanation:

Given P = 42 cm and Area = 68cm^2

<em>So we apply the above values to its formula to find length and breadth</em>

P = 2L + 2w = 42cm  

L + w = 21cm  (dividing the above statement by 2)

(21-w)w = 68cm^2    

w^2 - 21w + 68 = 0  (moving variables and framing equations)

(w - 17)(w-4) = 0 , w = 4cm,17cm    (calculating the values by using the equation)

Rectangle is 4cm by 17cm

7 0
3 years ago
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