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:
Statement # 1: False
Statement # 2: True
Statement # 3: False
Statement # 4: True
Explanation:
Lets look at each statement provided in the question and determine which of them is true or false.
Statement # 1 is false. First things first, the interest on this loan amount is higher which is at 4.15%. This is compared to the interest of 4% applicable on loan option 1. Secondly, there is a four year interest only option. This means that for 4 years there will be no repayments of the principal amount which means that the interest of 4.15% will continue to apply on the entire loan amount for these 4 years. In loan 1 however, principal repayments will reduce the principal amount after the 1st year which would further reduce the interest payment in the second year.
Statement # 2 is true. Loan 2 has an interest only period for the first 4 years. During this year you will only pay the 4.15% interest whereas in loan option 1, you will pay 4% interest AND the principal amount. The effect would offset once principal payments start in loan 2 but it would still mean that payments would be minimized in the first few years.
Statement # 3 is false. One of the advantages of having a loan with an interest free clause is that you can pay it off faster than a conventional loan. Since both the loans are fully amortizing, the principal payments would be different but would both result in the principal being repaid in the full 30 year tenor. Any extra payment that you wish to make would be counted towards principal payment in each loan option. However, for loan 1, the total monthly payments you make would remain the same. For loan 2, the extra payments that you make will continue to lower the monthly payments in way of interest which would allow you to save up more to pay more off in principal. The interest only period will also allow you to arrange extra funds during the IO period and repay the principal further. With loan 1, you will continue to make the same monthly payment until the end.
Statement # 4 is true. A fixed payment is being made each year by way of interest and principal repayments and will remain the same till the loan is fully amortized at maturity. In loan 2 on the other hand, a larger balloon payment will start 4 years later since only interest is paid in the first 4 years. So basically you may lower in the first 4 years and more in the remaining years.
The inability of poor workers to be able to use public transportation to and from their jobs is called :<u> poor worker's temporal mismatch.</u>
<h3>What is Poor Worker's Temporal Mismatch?</h3>
The fact that these individuals are on the job during evening and weekend shifts when local transportation is either less or not operative.
Temporal Mismatch Is occurs when workers who depend on traditional transit lack access to potential job locations. This affects them mostly at off peak times. There is an immense conflict between job start times and the socio-demographic factor. An increase in temporal mismatch is an obstacle for workers who have little access to job opportunities.
Many jobs are found in the periphery and not in the hub of urban areas. Suburbs have become a home for a majority of jobs. Temporal Mismatch is common in cities with a developed urban core. Some jobs require workers to go to job or even work at night when there is no readily available transportation.
Learn more about Public Transportation on:
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Answer:
efficiency variance
Explanation:
When standard direct labor hours differ from actual direct labor hours used, the company experienced an "efficiency varaiance". It can be used in order to analyze how effective an operation is in relation to labor, materials, machine time and other production factors.
Efficiency variance is actually the difference which exists between the theoretical amount of inputs which are needed to produce an output and the actual number of inputs which are required to manufacture the unit of output.
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