In the United States, only five states currently charge sales tax on purchases.

A person wishing to manufacture and sell a product that another holds the patent on

podryga [215]

Answer:

Must wait for 20 years

Explanation:

Exclusive rights granted for an invention is patent. The law protects the invention from commercial exploitation by others apart from the inventor. The protection is time-limited.

Patents last for 20 years. Before the expiry of the 20 years, any attempts to produce goods under patent protection is illegal. A person wishing to manufacture and sell goods under patent must wait for its expiry.

6 0

3 years ago

On the grant date, January 1st, 2015, the stock was quoted on the stock exchange at $63 per share. The fair value of the options

Dafna11 [192]

Answer:

2015 $31,500

2016 $31,500

2017 $31,500

Explanation:

Number of Options in total × Fair Value of the Stock per option

Where

Number of Options in total = 63

Fair Value of the Stock per option =15

Hence:

(63*100) ×$15

=$6,300 ×$15

= $ 94,500

Compensation expense will be:

2015, 2016, and 2017 will give us 3 years

= $94,500/3

= $31,500 for 2015, 2016, and 2017

Fair value of the options is said to be evaluated on grant date and expenditure is been recognised in 3 years because the employee will be working for 3 years which is from year 2015 to 2017

3 0

3 years ago

a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due

trasher [3.6K]

Considering the situation described, the insurer will likely issue the coverage with an Aviation Exclusion.

The addition of Aviation Exclusion risk would curb the insurer's liability to that risk associated with the insurance contract.

This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of Aviation Exclusion would limit or void the insurance policy related to life.

Hence, in this case, it is concluded that the correct answer is "Aviation Exclusion."

Learn more about Aviation Exclusion here: brainly.com/question/14307093

3 0

2 years ago

The substitution effect is the portion of a change in quantity demanded that is due to a change in the relative price of the goo

Serga [27]

Answer:

True

Explanation:

The Substitution Effect is the effect on the demand of a certain product because of variations of the prices of the product or the income of households. The concept illustrates how quantities demanded of a product decrease as the population find other products to substitute it.

6 0

3 years ago

Read 2 more answers

Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full a

dexar [7]

Answer:

Total increase in deposit = $54,200,000

Explanation:

given data

deposits = $20 million dollars

bank reserve = 10%

solution

we know that Deposit in bank A is = $20,000,000

and Reserve @ 10% = $2,000,000

so

Bank A loans or bank B deposit will be = $20,000,000 - $2,000,000

Bank A loans or bank B deposit = $18,000,000

here Reserve @ 10% = $1,800,000

so

Bank B loans or Bank C deposit will be here = $18,000,000 - $1,800,000

Bank B loans or Bank C deposit = $16,200,000

so that

Total increase in deposit will be = Bank A + Bank B + Bank C ...............1

put here value we get

Total increase in deposit = $20,000,000 + $18,000,000 + $16,200,000

Total increase in deposit = $54,200,000

3 0

3 years ago