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labwork [276]
3 years ago
14

In 1 or 2 sentences, define intellectual property and list the four ways that the government provides intellectual property righ

ts.
Business
1 answer:
OLEGan [10]3 years ago
5 0
Intellectual Property is protected by law, for example, patents<span>, </span>copyright<span> and </span>trademarks<span>, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.

</span><span>The main types of intellectual property include copyright, trademark, and patent. In some countries, "related rights" or "neighboring rights" are a significant subset of copyright; patents can be divided into utility, design, and plant patents, depending on what they protect; trade dress is an important subset of trademark.
</span>
Kinda wordy but I hope this can help!
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Marsha Bogswell is the sole stockholder of Bogswell Legal Services.
den301095 [7]

Answer:

d. Business entity assumption.

Explanation:

Business entity assumption -

It is an accounting principle ,

According to this principle , the financial statements or any financial records ,should be kept far apart from the personal financial records , is referred to as business entity assumption .

As all the money required for business need to be recorded separately .

Hence, from the given scenario of the question ,

The correct option is d. Business entity assumption .  

8 0
3 years ago
Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to
Alina [70]

Answer:

4600

Explanation:

Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)

7 0
3 years ago
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The co
xeze [42]

Answer:

Total cost= $2,008,608

Explanation:

Giving the following information:

Production 11,800 units 13,000 units

Direct materials: $761,100 -  $838,500

Direct labor: $241,900 -  $266,500

Manufacturing overhead: $1,010,800 - $1,035,280

First, we need to calculate the unitary cost for each level of production and choose the lower cost for each:

11,800 units:

Direct material= 761,100/11,800= $64.5

Direct labor= 241,900/11,800= $20.5

Variable overhead= 1,010,800/11,800= $85.66

Total unitary cost= 170.66

13,000 units:

Direct material= 838,500/13,000= 64.5

Direct labor= 266,500/13,000= $20.5

Variable overhead= 1,035,280 /13,000= $79.64

Total unitary cost= 164.64

<u>Total cost for 12,200 units:</u>

Total cost= 12,200*164.64= $2,008,608

6 0
3 years ago
Name two arguments that support international trade.
konstantin123 [22]
One argument for is that exports help improve the terms of trade of a country and also opens markets for domestic producers, meaning they can grow, employ more workers, earn more income, etc. Another argument for is that it increases competition, as there are goods coming in from all corners of the world, which may pressure domestic pressures to be more competitive and innovative with their products, improving its quality and product choice.

An argument for protectionism could be that imports may actually be harming domestic producers, which as we can see from President Trump's rhetoric, we can deduce that cheap imports from China will take sales revenue away from American producers and potentially cause them to lose customers and close down. Another argument for is that quotas and tariffs will make imports more expensive, which may make domestic products more price competitive.

Regarding the opinions, come up with it yourself. Think of the pros and cons and make a balanced judgement.
8 0
3 years ago
Read 2 more answers
Aiden and Priya believe automation is necessary so Bergman’s can be ______, not ______.
denpristay [2]

Answer:

Bergman’s can be more efficient, not cumbersome to consumers

Explanation:

Priya acknowledges that competitors are changing its purchase method to an automated one. She sees the trend in consumer behavior and establishes that Bergman has to adopt this new method to be up to date in regards to market best practices.

Therefore, changing to an automated sales, Pryia believes that Bergman will be more modern, efficient and faster.  

5 0
3 years ago
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