Reference no: EM13881177
Answer to question needs to be 150 words or more:
1. You have likely noticed that many products are similar. For instance, there is a "generic" of almost everything. How dissimilar does something have to be in order not to violate any laws such as trademark, copyright, etc?
2. Is there a difference between a contract and an enforceable contract? What is required in order to have an enforceable contract? Does it have to be written?
3. What is rescission of a contract? When can/should it apply? What is specific performance in contract situation? When can/should it be applied? Of these two remedies, which is most likely to be used?
4. Define personal property. What is the difference between mislaid and lost personal property, if any? If you find personal property, does your responsibility change depending on whether it is mislaid or lost?
5. Define real property. What are the different types of concurrent ownership of real property one can have? Which type of concurrent ownership is best?
6. In the U.S. our laws protect ideas, giving individuals the right to "own" the idea and profit from it. Other societies, however, believe that ideas are for the benefit of society and can not be "owned" by the individual. This sometimes cause problems when it comes to expansion. If something is made in the U.S., but the company wants to expand it to a country that has a different view of "ownership", does that create a problem? Why or why not?
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Bonds holder reinvested the call price
: A 30-year corporate bond sold to investors at par ($1000) with a 10 percent coupon rate is called sixteen years later at a 12 percent call premium. At the time of call, prevailing rates on comparable securities were 8 percent. If the bond's holder re..
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Free cash flow has grown rapidly
: Phoenix Corp. faltered in the recent recession but is recovering. Free cash flow has grown rapidly. Forecasts made at the beginning of 2016 are as follows: ($ millions) 2017 2018 2019 2020 2021 Net income 1.0 2.0 3.2 3.7 4.0 Investment 1.0 1.0 1.2 1...
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Describe the internal labor market of the company
: Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.
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Chris hargrove is the owner of ap instant replay
: Chris Hargrove is the owner of AP Instant Replay, a consignment shop for used sporting goods. Chris accepts consigned goods and offers them for sale to the general public.
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Violate any laws such as trademark
: 1. You have likely noticed that many products are similar. For instance, there is a "generic" of almost everything. How dissimilar does something have to be in order not to violate any laws such as trademark, copyright, etc?2. Is there a differen..
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Amortization schedule by the straight line method.
: 1.On January 1, 2013, Bradley Recreational Products issued $100,000, 9%, four year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual return of 10%.
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What is the margin of safety in units sold
: Juliet’s Children’s Clothes Company (JCCC) has a target profit of $100,000. That profit requires unit sales to be 2,000. JCCC’s variable cost per unit is $100 and fixed expenses are $50,000. If JCCC achieves that target profit, what is the margin of ..
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The straight method is used to depreciation fixed assets
: As a recently appointed auditor for Gibbs Manufacturing Co., the Manager of the audit, asked you to examine selected accounts before issue the financial statement of 12/31/10, to be audited. The straight method is used to depreciation fixed assets. T..
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Which would be handled primarily by your servers
: Which would be handled primarily by your servers. You also plan to offer introductory specials to attract customers during the initial months of business. Identify some advantages and disadvantages of investing in a POS system as part of this new ..
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