Trademark protection can be lost by the mark becoming a generic term used by a large segment of the public for a long time.

On October 1, 2016, Vero Beach Financial lent Morgan Corporation $600,000, receiving in exchange a 9-month, 12% note receivable. Vero Beach Financial ends its fiscal year on December 31 and makes adjusting entries to accrue interest earned on all notes receivable. The interest earned on the note receivable from Morgan Corporation during 2017 will amount to

A. $13,500 B. $18,000 C. $44,500 D. $36,000

A broker told prospective purchasers, "You will love living in this neighborhood." After experiencing problems with their new neighbors, they sued the broker for this false statement. A court would likely determine the statement was

A. criminal fraud. B. misrepresentation. C. puffing. D. none of these.