Answer:
There are two primary rules of thumb for deciding if intellectual property protection should be pursued for a particular intellectual asset. First, a firm should determine if the intellectual property has value in the marketplace. Second, a firm should determine if its intellectual property has value in marketplace.
Explanation:
An intellectual property is anything that is as a result of creativeness and has value in the marketplace. They are Four Key Forms of Intellectual Property which are patents, trademarks, copyrights, and trade secrets . Intellectual property laws are made to encourage creativity and inventiveness by granting to individuals who spent their time and money in creative endeavors exclusive rights for a period of time so as to benefit from their creativity.
There are two primary rules of thumb for deciding if intellectual property protection should be pursued for a particular intellectual asset. First, a firm should determine if the intellectual property has value in the marketplace. Second, a firm should determine if its intellectual property has value in marketplace.
Answer:
The amount of depreciation expense that should be recorded for the second year is $28,600
Explanation:
The computation of the depreciation per units or bolts under the units-of-production method is shown below:
= (Original cost - residual value) ÷ (estimated production bolts)
= ($206,520 - $11,000) ÷ (752,000 bolts)
= ($195,520) ÷ (752,000 bolts)
= $0.26 per bolt
Now for the second year, it would be
= Production units in second year × depreciation per bolts
= 110,000 units × 0.26
= $28,600
Answer: Rumination
Explanation: Rumination can be defined as the mental situation in which an individual only focuses on the symptoms and causes of a distress and not on its solution.
In the given case, Janice constantly worries that her work is not satisfactory and by thinking it too much she starts suffering from other diseases like insomnia.
Hence, we can conclude that Janice is suffering from Rumination.
