Answer:
Palming off requires proof of the likelihood of confusion,hence B is the correct option.
Explanation:
Palming off is misrepresenting someone else's product as one's.This is an offence that one can be sued for in business law.
For such cases to be acceptable to courts of appropriate jurisdiction,the claimant must proof beyond reasonable that, for instance the defendant's product can be mistaken for his.
For example. a milk product branded as Nikki can be mistaken for another known as Nikke.
Answer:
It is True
Explanation:
NAKES system is unique among the classifications of economic activities because it was developed based on a conceptual framework (that of production function or production process) that guided its construction as much as possible. In it, activities that have similar production functions are classified in the same category and those that have different production are accommodated in different ones.
It was developed following this unique principle, which allows groupings to be created systematically, always under the same logic, which helps to avoid controversies and interpretation errors.
The System consists of five levels of aggregation: sector (the most aggregate, identified with two digits), subsector (three), branch (four digits), sub-frame (five) and activity class (the most disaggregated level, identified with six digits).
It is common to try to use NAKES to classify products, if the user has that intention with certainty the classifier will disappoint his expectations because the objective of the System is to classify economic activities, not products.
Answer:
a. Liability of the owners of the firm is limited to their investment in the firm.
Explanation:
A corporation is defined as a form of business owned by shareholders and controlled by elected group of board of directors. A corporation is a legal entity which means that it can sue and be sued. It can also enter into a contractual relationship.
In a corporation, the liability of the
shareholders or owners of the firm is limited to their investment in the firm because of the doctrine of separate legal entity. In case of liquidation, owners would only loose their investment in the firm rather than loosing their investment and personal properties.
There are different aspects of demand curves. The answers is below;
- A cure for lung cancer is found: The demand curve, in this scenario, will shift to the right along as the cure for lung cancer is found which will also increase or move right.
- The price of cigars will also increases and the demand increases while the curve moves to the right
- Wages will also increase in states that grow tobacco, while the supply will decreases and the curve will moves left.
- A fertilizer that increases the yield per acre of tobacco is discovered, this will make supply increases and the curve moves to the right.
- There is a sharp increase in price of matches, lighters, and lighter fluid, This will make the demand decreases and the curve to go left.
- More states pass laws restricting smoking in restaurants and public places, this will make demand decreases and the curve to go left.
<h3 /><h3>Demand curve
</h3>
The demand curve is known as a curve that helps to give all the possible combinations of the price and quantity demanded of a product or service at a given time and in a graphically manner.
Learn more about curve from
brainly.com/question/1486483
<span>This is often referred to as context-sensitive help. It is help that refers to a single situation and state, and depends on the situation, or 'context', of the circumstances. This is because fields are specialized, and general knowledge is usually not applicable to specific sets of circumstances.</span>
