The legal environment of business is established and modified according to ethical norms
Indicate whether the statement is true or false
TRUE
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Nellie Tompkins is the owner and operator of Tompkins' Salsa Inc., a salsa production unit. She makes and sells only three types of salsa--peach, pear, and pineapple
The joint costs of leasing her professional kitchen for manufacture, transport, insurance, and so on are allocated on an equal basis to the three types of salsas. Last year's sales figures and allocated joint costs are given below. Should Tompkins' Salsa Inc. stop selling its pear salsa? Why or why not? Pear Salsa Peach Salsa Pineapple Salsa Sales $4,000 $8,000 $9,000 Less Cost of Goods Sold 5,000 5,000 5,000 Gross Margin ($1,000) $3,000 $4,000 What will be an ideal response?
Which of the following protects icons, symbols, and names?
A) trademarks B) trade secrets C) trade screen D) All of the above