Which of These Products Is Least Likely to Be Concerned

question 363

Multiple Choice

Which of these products is least likely to be concerned with having its name become generic?

• A) Kleenex because most people just ask for a tissue
• B) Jell-O because there are no other gelatin desserts
• C) All Sport Disk because most people call it a Frisbee
• D) Q-Tips because most people call it a cotton swab
• E) Vaseline because most people refer to it as petroleum jelly

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Definitions:

Long-Term Note

A debt security that matures in more than one year, requiring the borrower to repay the principal and interest over an extended period.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of an organization, such as issuing stocks or bonds, and repaying bank loans.

Decrease

The act of becoming smaller or fewer in size, amount, intensity, or degree; a reduction in value or quantity.

Accounts Payable

This term refers to the amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.