Answer:
c. The owner of an intellectual property grants its use to a league in exchange for a fee.
Explanation:
Licensing occurs when: owner of an intellectual property grants its use to a league in exchange for a fee.
Answer:
The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.
Explanation:
First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.
Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.
Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.
Answer:
b. there are no gains from specialization and trade between the two countries.
Explanation:
If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.
Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.
However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2
Opportunity cost for Country 1 : 1 Apple = 1 Orange
Opportunity cost for Country 2 : 1 Apple = 1 Orange
Then countries will gain no additional benefit from specializing in one good.
Answer:
$35,000
Explanation:
Calculation for what amount should the patent be reported on Van Buren's consolidated balance sheet at December 31, 2021.
Unrecorded patent is valued at $45,000
Less Amortization for 2 years (9 years remaining life) ($10,000)
(45,000/9 years*2)
Patent reported $35,000
($45,000-$10,000)
Therefore the amount of patent that should be reported on Van Buren's consolidated balance sheet at December 31, 2021 is $35,000
<span>The licence privilege of any driver who is stopped by a law enforcement officer and found to have a breath or blood alcohol level of .08 or higher will, at the time of arrest, will be suspended.
If the driver is under 21 and </span><span>have a breath or blood alcohol level of .02 or higher will, at the time of arrest will have the driving privilege suspended for a period of 6 months.</span>