If a company incurs legal costs in successfully defending its patent, these costs are recorded by debiting
A. legal expense
B. the Intangible Loss account
C. the Patent Account
D. a revenue expenditure account
Ans: C. the Patent Account
Business
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Equity in incentive plans means that the reward system is the same across all jobs in the organization
a. true b. false
Business
If not challenged by the U.S. attorney general within ________ days, a bank merger is still subject to liability under Section 2 of the Sherman Act if it is shown to have resulted in a monopoly
A) 15 B) 30 C) 60 D) 90
Business