Answer:
The restaurants have a unique ambience, known in legal terms as their
Trade dress
Explanation:
Trade dress protects all elements used to promote a specific service or product. Examples of trade dress include packaging and the atmosphere or décor within a place of business. The term "trade dress" comes from a 1992 court ruling and refers to the way a product is "dressed" to go to market.
Answer:
The amount of interest revenue that should be recorded for year 1 is $20.
Explanation:
- A note otherwise known as promissory note is an unconditional written promise by a borrower to a lender (payee) to pay a certain agreed sum at a specific date.
- The interest revenue on notes receivable is calculated by Principal x Interest rate x Time period
- In the case of ABC, Inc., the interest revenue to be recorded for year 1 (November 1 - December 31) is calculated as follows: $1,500 x 8%/12 = $10 monthly. For the 2 months, it is $10 x 2 months = $20.
Answer:
Balance of payments (BOP)
Explanation:
The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.
when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP
this will reduce the supply of china's domestic currency which would <u>contract the supply curve of the domestic currency (of china)</u> thus would <u>create demand</u> and thus <u>increasing the exchange rate in comparison to foreign currencies</u> thus leading to <u>appreciation of china's domestic currency in relation to foreign currencies.</u>
Answer:
c. $12,000
Explanation:
In this question, we assume the Fred and Wilma divorced in year i.e before 2019. Since in the question, it is given that the Fred paid $6,000 Wilma and $6,000 directly to the Law school Wilma is attending i.e not related to the child
Both payments are related to Wilma so we consider these payments and reflects the received payment which equals to
= $6,000 + $6,000
= $12,000
All other information which is given is not relevant. Hence, ignored it