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Soloha48 [4]
3 years ago
14

As recognized in the case in the text, Toys "R" Us, Inc. v. Canarsie Kiddie Shop, Inc., to obtain trademark protection, a descri

ptive term must have attained _______. Multiple Choice A) Secondary application B) Secondary meaning C) Primary application D) Primary meaning E) Secondary acknowledgement
Business
1 answer:
seropon [69]3 years ago
4 0

Answer:

The correct answer is letter "B": Secondary meaning.

Explanation:

Toys "R" U.S., Inc. sued Canarsie Kiddie Shop, Inc. in the late 1970s since Kiddie started to promote its children clothing as Kids "R" U.S. By that time, Toys "R" was a major children clothing store with a vast number of branches all over the U.S. The same company stated that the use of Kids "R" by Canarsie created confusion among consumers adopting the secondary meaning trademark law that implies Toys "R" products was so spread that the similarity with Kids "R" was related to Toys "R" somehow because the product offered was almost the same.

You might be interested in
You want a seat on the board of directors of Four Keys, Inc. The company has 265,000 shares of stock outstanding and the stock s
Mila [183]

Answer:

44,167.67 shares

Explanation:

Given that

Number of shares of stock outstanding = 265,000

Sale value per share of stock = $76

Number of seat for election = 5

So by considering the above information, the number of shares needed by using the cumulative voting is

= {shares outstanding ÷ (number of seats + 1) + 1}

= {(265,000 shares ÷ (5 +1) +1}

= 44,167.67 shares

5 0
3 years ago
Bond j has a coupon rate of 5 percent and bond k has a coupon rate of 11 percent. both bonds have 13 years to maturity, make sem
aleksley [76]

To find the change in the price of the bonds, first need to find the price of individual Bond.

Bond Price is directly related to the change in the YTM of the bond. If the YTM rises by 2%, the price of the bond will fall.

Bond J :

(WHEN YTM IS 8%)

Coupon Rate: 5%

Coupon Amount (PMT): $1,000 * 5% = $50/2 = $25 (Semi annual coupon amounts)

Number of years (NPER) = 13*2 = 26

YTM (rate) = 8%/2 = 4%

Face Value: $1000

Price (PV0) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P0 =pv(4%,26,-25,-1000)

When input the formula in excel, we get PV as $760.26

(WHEN YTM RISES BY 2%, NEW YTM IS 10%)

Coupon Amount (PMT): $25 (Semi annual coupon amounts)

Number of years (NPER) = 26

YTM (rate) = 10%/2 = 5%

Face Value: $1000

Price (PV1) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P1 =pv(5%,26,-25,-1000)

When input the formula in excel, we get PV as $640.62

CHANGE IN THE BOND PRICE OF BOND J DUE TO THE CHANGE IN THE YTM

%change = (P1 – P0)/P0

%change = ($640.62 - $760.26)/$760.26

%change = -18.68%

Therefore, with the increase in 2% YTM of BOND J, the price falls by 18.68%

Bond K :

(WHEN YTM IS 8%)

Coupon Rate: 11%

Coupon Amount (PMT): $1,000 * 11% = $110/2 = $55 (Semi annual coupon amounts)

Number of years (NPER) = 13*2 = 26

YTM (rate) = 8%/2 = 4%

Face Value: $1000

Price (PV0) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P0 =pv(4%,26,-55,-1000)

When input the formula in excel, we get PV as $1,239.74

(WHEN YTM RISES BY 2%, NEW YTM IS 10%)

Coupon Amount (PMT): $55 (Semi annual coupon amounts)

Number of years (NPER) = 26

YTM (rate) = 10%/2 = 5%

Face Value: $1000

Price (PV1) : ?

To find the price of the bond, can either use excel or with formula.

When input the below formula in excel,

PV =pv(rate,nper,pmt,fv,type)

P1 =pv(5%,26,-55,-1000)

When input the formula in excel, we get PV as $1,071.88

CHANGE IN THE BOND PRICE OF BOND K DUE TO THE CHANGE IN THE YTM

%change = (P1 – P0)/P0

%change = ($1071.88 - $1239.74)/$1239.74

%change = -13.54%

Therefore, with the increase in 2% YTM of BOND k, the price falls by 13.54%

SIMILALRY IF THE BOND PRICES FALLS BY 2%, the YTM WILL BE 6%/2 = 3% **(REFER THE IMAGE ATTACHED)

5 0
3 years ago
2. Liquidity Consider the relative liquidity of the following assets: Assets 1. The funds in a savings account 2. A bond issued
Alina [70]

Answer:

The answer is,

Asset

Most Liquid :  $5 bill

Second-Most Liquid : The funds in a savings account

Third-Most Liquid :  A bond issued by a publicly traded company

Least Liquid : Your house

The liquidity simply measures the ability to turn in to cash in a relatively short period of time. Cash at hand is the most liquid while property and other movable and immovable assets tends to be a bit difficult to be turned into cash quickly.

Explanation:

6 0
3 years ago
In a free market setting where quantity supplied is 40 units and quantity demanded is 50 units, price will:
zvonat [6]

Answer: Increase

Explanation:

According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.

In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.

4 0
2 years ago
On April 17, 2024, the Loadstone Mining Company purchased the rights to a copper mine. The purchase price plus additional costs
mojhsa [17]

The depletion for 2021 is $1,028,000 .

No, depletion is not considered part of the product cost and isn't included in the cost of inventory

<h3>Depletion per ton</h3>

1. Depletion per ton = $4280000/1070000

                = $4 per ton

Depletion for 2021 = 257000 tons*$4

               = $1,028,000

Therefore, The depletion for 2021 is $1,028,000 .

2. Depletion is not considered as part of the product cost, It is shown as an expense on the income statement and reduced from the value of the natural resource and so it is equivalent to the depreciation of assets.

Therefore, No, depletion is not considered part of the product cost and isn't included in the cost of inventory

To learn more about Depletion visit the link

brainly.com/question/14117351

#SPJ4

8 0
1 year ago
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