The product value and reputation of Nike, Inc. are being compromised by Nike Shoes.
<h3>
What is the Federal Trademark Dilution Act of 1995?</h3>
The Federal Trademark Dilution Act of 1995 amends the Trademark Act of 1946 to give the owner of a well-known mark the right to an injunction and compensation for another person's commercial use of a mark or trade name if that use starts after the mark has achieved notoriety and lessens the mark's distinctiveness.
It defines the criteria the court will use to decide whether a mark is distinctive. It restricts owners of such marks to injunctive remedies unless the person for whom the injunction is requested acted with malicious intent to exploit the owner's reputation or tarnish the mark. It offers further remedies if such intent is shown to have existed.
A person's possession of a valid registration under a specific Act or on the major register renders them completely immune from legal action taken under common or state law to protect the distinctiveness of a mark, label, or form of advertisement against them with regard to that registration.
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Answer: $246,000
Explanation:
Merchandise costing $20,000 had been omitted from the Ending Inventory.
Ending inventory is deducted from Cost of Goods sold which means that the Cost of Goods sold was overstated by $20,000.
Cost of Goods sold are subtracted from sales to find Gross Income so if it was overstated then Income was understated by $20,000.
Accrued Revenue is to be added to Income so if it was omitted then income was understated by $50,000.
Income in total was therefore understated by = 20,000 + 50,000
= $70,000
The correcting entry is net of tax so;
= 70,000 * ( 1 - 20%)
= $56,000
Retained earnings will therefore be;
= 190,000 + 56,000
= $246,000
Answer:
D. assign appropriate, but differing, discount rates to each project and then select the projects with the highest net present values.
Explanation:
Even though Division A is the largest and produce the highest amount of sales, it will not be selected based on this factor but its net present value(NPV). This will determine if the sales actually can fully recover the initial investment amount and yield a profit. Therefore, since Division A and B have different levels of risk, it will be appropriate to find their NPVs using different discount rates and accept the one with the highest NPV.
Based on the demand and supply functions for the market for Halloween parties attended by MIT students, the equilibrium price is <u>$100</u> and the quantity is <u>100. </u>
<h3>What are the equilibrium price and quantity for Halloween parties?</h3>
The equilibrium price and quantity can be found by equating supply and demand.
This gives:
Price = Quantity
Price = 300 - 2p
300 = 3 x Price
Price = 300 / 3
= $100
The quantity would also be 100 parties.
The rest of the question is:
Think of price here as the amount of money party hosts will collect at the door from party-goers. The demand for parties is given by Q =300−2p. The supply of parties is given by Q = p.
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The basic formula of the Malthus Theorem is "population grows geometrically while food supply grows arithmetically." The theorem was formulated by the mathematician and economist named Thomas Rober Malthus as stated in his famous book " <span>Essay on the Principle of Population."</span>
