Participating preferred stock requires that if a compnay fails to pay a dividend in any year, it must make it up in a later year before paying any common divided

a. true
b. false

Answer: b. false

Business

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An example of perishability of a service is _____

a. the inseparability of the producer from the service b. the variability of a service's quality c. that some services cannot be inventoried or stored d. that the owner-operator is indispensable

Business

Which of the following is an incorrect statement regarding the Federal Trademark Dilution Act of 1995?

A) Trademark dilution occurs through blurring. B) Trademark dilution occurs through tarnishment. C) Blurring occurs when someone uses a mark in a way that causes the famous mark to be linked with an inferior quality product or an unwholesome category of products. D) Blurring occurs when the distinctiveness of the famous mark is reduced by its association with a similar mark.

Business