Brand infringement issues become more complex when a brand is so well established that it may be considered a generic term, such as Kleenex

Indicate whether the statement is true or false

TRUE

Business

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A correction of an error in prior periods' income will be reported: In the income statement, Net of tax

a. Yes Yes b. No No c. Yes No d. No Yes

Business

Unearned Revenue is a(n) ________ account and carries a normal ________ balance

A) liability; credit B) asset; credit C) revenue; debit D) asset; debit

Business