A copyright is issued when a firm uses identifying words, names or symbols on its product to distinguish its good from those of other firms. True or False
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A copyright is issued when a firm uses identifying words, names or symbols on its product to distinguish its good from those of other firms.
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- A trademark is an intangible asset that has value to a business. Assume that you are an accountant with the responsibility of valuing the trademark of a well-known company such as Nike or McDonalds. What makes each of these companies unique and adds value? While the value of a trademark may not necessarily be recorded on the companys balance sheet, discuss what factors you think would affect (increase or decrease) the value of the companys trademark? Consider your answer through the perspective of various stakeholders.A trademark is an intangible asset that has value to a business. Assume that you are an accountant with the responsibility of valuing the trademark of a well-known company such as Nike or McDonald’s. What makes each of these companies unique and adds value? While the value of a trademark may not necessarily be recorded on the company’s balance sheet. Discuss what factors you think would affect (increase or decrease) the value of the company’s trademark? Consider your answer from the perspective of various stakeholders.Independent contractors must be individuals who are employed by another company. True or False
- What is a reasonably foreseeable use of a productand why is it important to companies?The meaning of goodwill in accounting is: Multiple Choice The amount by which a company's value exceeds the value of its individual assets and liabilities. Long term assets held as investment. The support of the board of directors for the operating decisions of management. The cost of developing, maintaining, or enhancing the value of a trademark. Rights granted to an entity to deliver a product or service under specified conditions.If the sellers performance creates on asset (e.g., work in progress) that the customer controls as the asset is created, would the performance obligation be satisfied at a point in time or over time?
- Please describe a nonmanufacturing business that could benefit from the use of standards. Also, explain how standards would help that business control its operations. Please be original.Talk about IPR protection How to protect patent, trademark, industrial design and copyright in MalaysiaABC Corp. sells warehouse equipment and provides temporary warehouse workers to businesses. With its business in mind, what would constitute a liability for ABC
- Please describe a nonmanufacturing business that could benefit from the use of standards. Also, explain how standards would help that business control its operations.What is the difference between a patent and a copyright?When an individual invents a product that could potentially have commercial value, it needs to be protected. This activity is important because it looks at different ways people can protect their ideas, also known as intellectual property. The goal of this activity is to for you to differentiate among the different types of intellectual property protections. Select the most appropriate category of protection for each listed intellectual property. 1. Aflac Duck Trademark O Patent O Copyright 2. Razor blade O Trademark O Patent O Copyright 3. Harry Potter books O Trademark O Patent O Copyright.
