Complete

question 67

Short Answer

Complete:
$$\begin{array} { | c | c | c | c | c | } \hline & 2017 & 2016 & \text { Increase Amount } & \text { Increase } \% \\\hline \text { Cash } & \$ 10,000 & \$ 8,000 & \mathrm {~A} & \mathrm {~B} \\\hline\end{array}$$

Recognize the criteria for trademark protection and the concept of distinctive trademarks.

Identify the conditions under which intellectual property infringement occurs, including trademark infringement and dilution.

Grasp the legal outcomes of successful infringement suits, including recovery of profits.

Know the requirement of intent in trademark infringement suits.

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Definitions:

Paid-in Capital

The total amount of capital that shareholders have contributed to a company in exchange for shares of stock.

Fair Market Value

The price that a willing buyer and a willing seller agree upon when both parties have reasonable knowledge of the relevant facts and neither is under compulsion to buy or sell.

Paid-in Capital

Funds received by a company from investors in exchange for stock, representing the capital that stockholders have invested in the company.