Reference no: EM132180884
1. Danzel and Robert are professional basketball players who decide to create a line of women's basketball sneakers. They figure the company will make money and offer opportunities to meet women with similar interests. They have a design they want to protect, so they are seeking ___________.
a. a patent and trade secret
b. a trademark alone
c. a patent and copyright
d. a copyright
2. Last month Carl’s hotel had a RevPAR index of 100. His occupancy index was 132.5 and his ADR index was 75.5. What is true about his hotel’s performance last month?
a. His revenue per available room is lower than that of his comp set
b. His GOPPAR is not optimized because it is low relative to the RevPAR index
c. His GOPPAR is not optimized because it is high relative to the RevPAR index
d. His revenue per available room is higher than that of his comp set
3. Last month Carl’s hotel had a RevPAR index of 133.0. Based on that information alone; what does Carl know for sure about his hotel’s performance last month?
a. His occupancy index exceeded 100
b. His ADR index exceeded 100
c. His ADR or occupancy index exceeded 100
d. His ADR and his occupancy index exceeded 100
4. Some of the practices at Veronica's former CPA were questionable. One client, Pedro, seemed to hang out at bars all day, but the CPA firm regularly submitted audit reports to banks showing Pedro's net worth and assets in the millions of dollars. Based on those audit reports MeaculPu's shipping company agrees to transport Pedro's furniture with no pre-payment. As it turns out, Pedro has no assets, just a wealthy girlfriend, so Tracie and Josh sue the CPA firm. Will they prevail?
a. Probably not. MeaculPu doesn't have a contract with the firm.
b. Probably. Josh is a skilled negotiator and Tracie is pushy, so...
c. Not likely. MeaculPu should have know Pedro's girlfriend paid his way.
d. None of the above.