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Helga [31]
3 years ago
13

Aime goes to the supermarket to buy lotion. She always buys the same brand, so she knows exactly what the bottle looks like. Jai

me is in a hurry, so she grabs what she thinks is her usual lotion and checks out. When she returns home, she notices that the brand name of the lotion is different from her usual one and in fact realizes she has purchased a "no-name" brand that looks like her usual brand. Which federal law has the no-name brand manufacturer most likely violated? Group of answer choices
a. Clayton Act
b. Lanham Act
c. Sherman Anti-Trust Act
d. Robinson-Patman Act
e. Consumer Protection Regulatory Act
Business
1 answer:
EleoNora [17]3 years ago
7 0

Answer:

b. Lanham Act

Explanation:

Lanham Act -

According to this act ,

It governs the unfair competition , service marks and trademarks , is referred to as the Lanham Act .

Where Trademark , refers to the some symbol , logo , phrase or word , which act as an identity of the goods or services , and make the product to stand out from rest of the product .

Copying the same trademark is an illegal activity .

The Law was passed by Congress in year 1946 .

It is also called the Trademark Act 1946 .

Hence , from the given scenario of the question,

The correct option is b. Lanham Act .

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On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R
Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit     Cash                 $29,000

Credit       Common Stock               $29,000

(issuing common stock for cash that will increase the cash)

2. Debit    Cash                               $44,000

   Debit    Accounts Receivable    $39,000

 Credit           Service Revenue                   $83,000

(Provided services on account and cash)

3. Debit    Salaries expense            $32,000

Credit               Cash                                     $32,000

(Paid salaries to workers)

4. Debit    Prepaid Rent                   $21,000

Credit               Cash                                     $21,000

(Paid rent in advance for cash)

5. Debit    Supplies                          $31,000

Credit                  Accounts payable            $31,000

(Purchase supplies on account means liability will increase)

6. Debit    Dividends                        $2,900

Credit                   Cash                                 $2,900

(Paid cash dividends to the shareholders)

7 0
3 years ago
You believe that the Non-Stick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
Ivan

Answer:

$28.57

Explanation:

Dividend growth model can only be used in a situation where the firm pays a dividend which can tend to grow at constant rates reason been that the stock has been influenced by the growth rates which is involved in the dividends which means the firm can increase the dividends.

Therefore the Dividend that is to be paid next year will be:

$2Growth rates

5 %Rates of return

12% Return on Investment

Formular for the calculation of current price of the stock = D1/(r-g)

Where:

D1=2%

r=12%

g=6%

Hence:

2/ (0.12-0.05)= $ 33.33

=2/0.07

=$28.57

Therefore the amount I should be prepared to pay for the stock today will be $28.57

4 0
3 years ago
Does geico provide roadside assistance even if you don't have coverage
iVinArrow [24]
No, Geico offers free towing for customers who have the company’s roadside assistance coverage
8 0
3 years ago
A company receives $371, of which $21 is for sales tax. the journal entry to record the sale would include a:________
Phoenix [80]

A company receives $371, of which $21 is for sales tax. the journal entry to record the sale would include a debit to Cash for $371.

Claim means a reservation against payment made or unpaid. Debit entries are typically created to the left of accounts. So, when a transaction is made in a double-entry bookkeeping system, one account is debited and the other is credited.

A direct debit is a record of money taken from a bank account. For example, when writing a check. The total debits must balance the total credits. Synonyms: Payment, Liability, Payment, Obligation Other synonyms for direct debit.

Debit is a formal bookkeeping and accounting term, derived from the Latin word debate, meaning "borrow". Charges are categorized on the positive side of balance sheet accounts and on the negative side of resulting items.

Learn more about Debit here: brainly.com/question/14279491

#SPJ4

8 0
2 years ago
Which of the following statements, if any, represent a principal's duty to an agent who works on a commission basis?
Lena [83]

Answer:

C

Explanation:

Here both statements I and II  represent a principal's duty to an agent who works on a commission basis.

that is The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement  and also he is required to reimburse the agent for all authorized expenses incurred unless the agreement calls for the agent to pay expenses out of the commission.

Hence, option C is correct

4 0
3 years ago
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