1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Blizzard [7]
3 years ago
12

A _____ grants the inventor of a new product or process exclusive rights for a defined period to the manufacture, use, or sale o

f that invention.
Business
1 answer:
Anna007 [38]3 years ago
7 0

Answer:

patent

Explanation:

A patent is a type of intellectual property that is classified as an intangible asset. It provides the patent holder protection for any invention that he/she has developed and registered with the proper government authorities. Patents usually last between 14 to 20 years and during that time the patent holder has the exclusive right to manufacture, use or sell his invention.

You might be interested in
The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per
diamong [38]

Answer:

Check the explanation as follows.

Explanation:

a) If it is invested in US

Current= $40 million

Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million

Ivest in Great Britain for 3 months @ 0.32%

Interest per month= 25.56 million*0.32% *3 = 0.245376

Total Pounds after 3 months= Pound 25.805376

Convert into $= 25.805376/0.642 = $40195289.7156

Value if invested in great britain= $40195289.7156

8 0
3 years ago
Give an example of one good or service produced in the United States using the command model. Justify your example using content
Ymorist [56]

What poster are you referring to? There’s nothing there but the question

5 0
3 years ago
Explain briefly what kind of Consumer Service is particularly open to an entrepreneur.
Crazy boy [7]

Answer:

Almost any Consumer Services enterprise is amenable to the entrepreneur, from personal services like pet care and yard maintenance to a clinical psychology and counseling practice. Particularly fertile in our current business landscape are Consumer Services tied to computers, electronics, the Internet, and social media.

Explanation:

3 0
3 years ago
Firms that take voluntary actions to address the ethical, social, and environmental impacts of its business operations are invol
vampirchik [111]
Firms that take voluntary actions to address the ethical, social, and environmental impacts of its business operations are involved in a Corporate Social Responsibility. Hope this helps. <span />
8 0
3 years ago
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:
valentinak56 [21]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $40,000  

    To Common stock $2,000

    To Additional paid in capital $38,000

(Being issue of common stock is recorded)

2. Accounts receivables Dr, $18,800  

      To Service revenue $18,800

(Being service revenue is recorded)

3. Supplies Dr, $6,500  

       To Accounts payable $6,500

(Being supplies is recorded)

4. Treasury stock Dr, $20,900

[1,100 × $19]  

       To Cash $20,900

(Being treasury stock is recorded)

5, Accounts payable Dr, $18,100  

        To Cash $18,100

(Being cash paid is recorded)

6. Cash Dr, $50,700  

       To Service revenue $50,700

(Being cash received is recorded)

7. Cash Dr, $18,200  

      To Accounts receivables $18,200

(Being cash received is recorded)

8. Dividends Dr, $3,380

(16,000 + 2000 - 1,100) × $0.20

     To dividends payable $3,380

(Being dividends declared is recorded)

9. Cash Dr, $14,700

[700 × $21]

     To Treasury stock $13,300

[700 × $19]

       To Additional paid in capital $1,400

(Being cash is recorded)

10. Salaries expense Dr, $43,600  

        To cash $43,600

(Being salary expenses is recorded)

11. Utilities expense Dr, $7800  

      To utilities payable $7800

(Being  utilities expense is recorded)

12. Supplies expense Dr, $8,900

[$9,100 + $6,500 - $6,700]

       To supplies $8,900

(Being supplies expenses is recorded)

13. Depreciation expense Dr, $1,900

[$80,000 - $11,600] ÷ 3 × 1 ÷ 12  

       To Accumulated depreciation $1,900

(Being depreciation expense is recorded)

14. Income tax expense $2,700  

       To Income tax payable $2,700

(Being income tax expenses is recorded)

6 0
3 years ago
Other questions:
  • A large restaurant with locations throughout the United States has a long-term partnership with Tyson for its poultry and a prod
    10·2 answers
  • The order of presentation of activities on the statement of cash flows is a.operating, investing, and financing. b.operating, fi
    9·1 answer
  • A bank sent out questionnaires to a simple random sample of customers asking whether they would like the bank to extend its hour
    5·1 answer
  • Given a stock index with a value of $1,200, an anticipated dividend of $45, and a risk-free rate of 6%, what should be the value
    12·1 answer
  • Indicate the accounts, amounts, and direction of the effects on the accounting equation under the accrual basis.
    15·1 answer
  • Jennifer's company wants to increase online sales of a featured product by connecting with users who are actively researching si
    15·1 answer
  • Emann Systems is considering a project that has a cash flow as: (1,000), 450, 450, 450 for the years 0, 1, 2, 3 respectively. If
    8·1 answer
  • When looking to advertise a new business online, what is one of the major benefits of display ads?
    6·2 answers
  • A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o
    10·1 answer
  • On January 1, the Matthews Band pays $69,000 for sound equipment. The band estimates it will use this equipment for five years a
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!