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PilotLPTM [1.2K]
3 years ago
11

Annette, an energetic college junior, had been involved in the selling of goods for a number of years online. Annette supported

herself in this way but yearned for greater success. She was particularly interested in selling women's dresses. She studied the clothing lines of famous designers Giorgio Armani and Bill Blass. Annette then contacted a clothing manufacturer who agreed to copy the styles under the names of Armani and Blass. Annette began to sell the copied clothing articles under the names "Gorgo Ormani" and "Bill Bless." The names, however, were not clearly printed on the labels but written in a handwritten scrawl making it difficult to discern the actual spelling. The matter has been brought to the attention of the FTC. Is Annette in violation of the law?
a. Yes, you cannot list and sell designer dresses online.b. No, Annette can sell any dress that she wants.c. Yes, deceptively passing one's goods off as designed by someone else is wrong.d. No, the consumer would know that the dress was not an original.
Business
1 answer:
bagirrra123 [75]3 years ago
5 0

Answer:.c. Yes, deceptively passing one's goods off as designed by someone else is wrong

Explanation:This is like plagiarism or illegally coping of one's own music, anything that has to do with copying someone else work is illegal be wise you are taking someone else's work and jeopardizing its value when you make it a copy.

People will think these copies are original Gorgo Ormani and because it is likely that Annette will make them cheaper they will buy more of these fake items instead of buying the original hence she will also be negatively affecting the market for this brand.

You can't copy something that isn't yours because you don't have that right hence this is deceptive action and legally wrong.

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Answer:

pricing low

yes

Explanation:

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if either firm charges high, they either earn 11 million or 2 million.

if either firm charges low, it would earn either 15 million or 8 million.

because the payoffs of charging low is higher than the payoffs of charging high, the best strategy is for the firms to charge low if there is no cooperation.

the game is a prisoners dilemma because the choice the firms make isn't the choice that will yield the highest payoffs. the choice that would yield the highest payoffs is to both charge high prices.

4 0
3 years ago
Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw
prisoha [69]

Answer:

the cost of goods sold is $250,000

Explanation:

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8 0
3 years ago
The board of directors of capstone inc. declared a $0.60 per share cash dividend on its $1 par common stock. on the date of decl
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The entry for the dividend declaration is as following:
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3 years ago
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Answer:

$72

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To calculate the weighted contribution margin we can use the following formula:

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7 0
3 years ago
On December 1, 20X1, Money Co. gave Home Co. a $200,000, 11% loan. Money paid proceeds of $194,000 after the deduction of a $6,0
zysi [14]

Answer: <em>(C.) $2,005</em>

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3 years ago
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