Reprise entertainment, inc., a u. s. television and movie production company, files a suit against substantivo tv, ltd., a mexican production firm, for infringement of intellectual property rights under a mexico's national laws. under the trips agreement, reprise is entitled to receive: a) better treatment than substantivob) the same treatment as substantivoc) worse treatment than substantivod) nothing

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500