Hasbro, Inc., the trademark owner of "Candy Land," sought a court injunction to prevent Internet Entertainment Group, LTD from using the domain name, "candy land". A jury will decide whether Hasbro is entitled to this remedy is FALSE.
Option B
<u>Explanation:</u>
A form of intellectual property composed of a distinctive symbol, design or expression that distinguishes products or services of a specific source from everyone else, while marks used it to distinguish services are generally referred to as product marks is understood as a "trademark".
Trademark law regulates a manufacturer or merchant's use of a tool (including a name, expression, emblem, product shape or logo) to define its products and differentiate those goods from those made or sold by someone else.
Answer:
B: Modern Language Association (MLA)
Explanation:
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Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.
IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.
$25,900 + $1,400 + $1,400 + $1,400 = $30,100
Hence, Curtis and Mary's standard deduction is $30,100.
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Answer:
B. Retained earnings and Dividends
Explanation:
Retained earnings can be defined as the amount of a business’s profits or net income which isn't distributed to shareholders as dividends but are rather reserved so that it can be reinvested subsequently into the business.
Simply stated, retained earnings of an organization is the profit or net income remaining after paying the shareholders their dividends, which can then be reinvested into the business again. These earnings can be used for fixed or capital expenditures such as buying a new equipment, servicing debt profile, researching and development of the company's products.
A statement of retained earnings is a financial document which is usually prepared by an organization for use by the public such as investors, lenders and creditors. Hence, the statement of retained earnings are typically recorded under the shareholder's equity in order to represent the relationship between the balance sheet and income statement. Also, it is important and required that the statement of retained earnings is prepared in accordance with the Generally Accepted Accounting Principles (GAAP).
The following lists of accounts would belong on the statement of retained earnings;
1. Retained earnings: an amount of money left as profits or accumulated net income.
2. Dividends: an amount of money being paid to shareholders from an organization's net income or profit.
