Answer:
Correct option is (d)
Explanation:
Utility patent is granted to protect an innovation from being copied by others. Utility patent is granted to protect the functionality or usage of the product while design patent is granted to protect the way the product looks like its appearance or ornamentation.
Utility patent is granted for 20 years from the date the application is file with the US trade office while design patent is granted for 14 years from the date of invention.
Here, McDonald's invention is granted utility patent that protects the product for 20 years from the date application is filed with the US patent office.
Answer:
$18,000
Explanation:
Sunk costs refers to a cost that has been expended and cannot be recovered or recouped.
With regards to the above, $18,000 was expended concord by corporations to purchase computers hence cannot be recovered. Therefore, it is a sunk cost.
Answer:
Shareholders can have control over business decisions. With a loan, all the owner owes is principle and interest
Answer:
a. $135,845.77
b. $79,154.23
Explanation:
The computation of the basis is shown below:
a. For Land
= Total value of the property × land appraised value ÷ Total appraisal value
= $215,000 × $158,750 ÷ $251,250
= $135,845.77
b. For warehouse
= Total value of the property × warehouse appraised value ÷ Total appraisal value
= $215,000 × $92,500 ÷ $251,250
= $79,154.23
The total appraisal value is
= $92,500 + $158,750
= $251,250
B because the currency traders believe that value of rubber ruble was important
