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ololo11 [35]
3 years ago
8

Marcos launched a small business by inventing, patenting and commercializing a new hand tool. Big Co. has produced a cheaper kno

ck-off version of the tool and is violating Marcos' patent. Litigating a patent will cost at minimum several hundreds of thousands of dollars, which Marcos cannot afford. In this situation, Marcos cana. a. Hire a litigator from a large law firm who will assemble a large and highly qualified team and charge hourly feesb. b. Hire a litigator from a small law firm who will charge hourly feesc. c. Hire a litigator who will agree to a contingent fee structure and require payment only if Marcos obtains a settlement or jury verdictd. d. Save the cost of hiring a lawyer by representing himself in court
Business
1 answer:
frosja888 [35]3 years ago
6 0

Answer:

C) Hire a litigator who will agree to a contingent fee structure and require payment only if Marcos obtains a settlement or jury verdict.

Explanation:

Generally when lawyers agree to a contingent fee structure is because they are convinced their chances of winning are high. Lawyers will accept a fixed percentage of the amount recovered, usually this percentage is around 1/3 of the final settlement.

This type of agreement is very useful since you don't need to invest a lot of money, and the lawyer's pay comes from the money awarded by the jury (or a settlement).

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A Life Settlement Broker is exclusively the representative of the __________ who seeks to sell his interest in the policy.
mote1985 [20]

Answer:

Policy owner

Explanation:

A Life Settlement Broker must be a practicing, experience and licensed Life agent who represents the owner and performs a fiduciary duty to the owner to act in accordance with the owner's best interest and instructions.

6 0
3 years ago
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Owning your own business allows you the freedom to
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The answer is to determine your own working hours.
 Owning you own business allows you the freedom to determine your own working hours. All you have to do is to supervise and manage your own time. With proper inventory and developing new strategies.

 

4 0
4 years ago
Which of the choices below is a section of the united states business administration that indicates most important part of a str
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4 years ago
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Match each term with the correct definition.
dexar [7]

Answer:

Private  Property  - The right of private persons and firms to obtain, control, employ, dispose of, and bequeath land, capital, and other property.

Freedom of enterprise  - The freedom of firms to obtain economic resources, decide what products to produce with those resources, and sell those products in markets of their choice.

Mutually agreeable  - Economic transactions willingly undertaken by both the buyer and the seller because each feels that the transaction will make him or her better off.

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Self-interest  - What each individual or firm believes is best for itself and seeks to obtain.

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4 0
3 years ago
A company has quick assets of $ 300,000 and current liabilities of $ 150,000 . The company purchased $ 50,000 in inventory on cr
anzhelika [568]

A company has quick assets of $ 300,000 and current liabilities of $ 150,000. The company purchased $ 50,000 in inventory on credit. After the purchase, the quick ratio would be d. 1.75.

Inventory refers to all of the gadgets, items, products, and materials held with the aid of a commercial enterprise for selling within the marketplace to earn a profit. instance: If a newspaper supplier makes use of an automobile to supply newspapers to the customers, handiest the newspaper may be taken into consideration in inventory. The vehicle can be dealt with as an asset.

Inventory is an asset due to the fact a company invests money in it that it then converts into sales while it sells the inventory. stock that doesn't promote as quickly as anticipated may become a liability.

The principle feature of stock is to offer operations with ongoing delivery of materials. To gain this feature correctly, your enterprise has to attempt to discover a sweet spot between an excessive amount and too little, without ever going for walks out of inventory.

quick assets = 300000

quick liablities= 150000

inventory on credit

quick assets = 350000

quick liablities= 200000

quick ratio = 350000/200000

                   = 1.75

Learn more about inventory here brainly.com/question/25947903

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6 0
2 years ago
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