Which of the following is a correct statement regarding a restrictive covenant not to construct buildings higher than three stories and a restrictive covenant never to convey property to minorities?
A) Both the restrictive covenant not to construct buildings higher than three stories and the restrictive covenant never to convey property to minorities are illegal.
B) The restrictive covenant not to construct buildings higher than three stories is legal, while the restrictive covenant never to convey property to minorities is illegal.
C) The restrictive covenant never to convey property to minorities is legal, while the restrictive covenant not to construct buildings higher than three stories is illegal.
D) Both the restrictive covenant not to construct buildings higher than three stories and the restrictive covenant never to convey property to minorities are legal.
B
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The total amount of patent cost amortized to date is usually
a. shown in a separate Accumulated Patent Amortization account which is shown contra to the Patents account. b. shown in the current income statement. c. reflected as credits in the Patents account. d. reflected as a contra property, plant and equipment item.
A multisegment targeting strategy differs from a concentrated targeting strategy in that it:
a. selects one segment of a market with a goal to satisfy its members. b. faces a high potential cost from cannibalization of products. c. develops and maintains a common marketing mix for its products. d. results in sterile, unimaginative product offerings.