Sights Unseen,Inc

question 62

Multiple Choice

Sights Unseen,Inc.,(SUI) sells scopes with distinctively designed and made lenses and mirrors to scientists.Telescopes,Etc.Corporation later begins to sell scopes with identical set-ups of lenses and mirrors,without SUI's permission,to consumers.This is most likely

• A)copyright infringement.
• B)patent infringement.
• C)trademark infringement.
• D)not infringement.

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Definitions:

Impaired Asset

An asset that has a market value significantly less than its carrying value on the balance sheet, indicating it may not be recoverable.

Net Book Value

The value of an asset as recorded on the balance sheet, calculated by subtracting accumulated depreciation or amortization from its original cost.

Trend Analysis

The process of comparing business data over time to identify any consistent results or trends.

Aging Asset Base

Refers to a company's fixed assets becoming older and potentially less efficient or valuable over time.