Obx-stock created obx as an abbreviation for the outer banks of north carolina. obx-stock used obx on oval stickers for cars and applied obx to souvenirs sold in the outer banks. the company obtained trademark registration for obx for a range of goods. in practice, obx was widely used by many businesses that advertise their outer banks location. bicast began to sell stickers printed with "ob xtreme." obx-stock sued bicast for trademark infringement. the district court held for bicast, finding that obx was either a generic mark or a descriptive mark without secondary meaning and so was not valid. obx-stock appealed. what would support obx-stock's position?

Presented below is a list of possible transactions. analyze the effect of the 18 transactions on the financial statement categories indicated. transactions assets liabilities owners’ equity net income 1. purchased inventory for $80,000 on account (assume perpetual system is used). 2. issued an $80,000 note payable in payment on account (see item 1 above). 3. recorded accrued interest on the note from item 2 above. 4. borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note. 5. recognized 4 months’ interest expense on the note from item 4 above. 6. recorded cash sales of $75,260, which includes 6% sales tax. 7. recorded wage expense of $35,000. the cash paid was $25,000; the difference was due to various amounts withheld. 8. recorded employer’s payroll taxes. 9. accrued accumulated vacation pay. 10. recorded an asset retirement obligation. 11. recorded bonuses due to employees. 12. recorded a contingent loss on a lawsuit that the company will probably lose. 13. accrued warranty expense (assume expense warranty approach). 14. paid warranty costs that were accrued in item 13 above. 15. recorded sales of product and related service-type warranties. 16. paid warranty costs under contracts from item 15 above. 17. recognized warranty revenue (see item 15 above). 18. recorded estimated liability for premium claims outstanding.

Describe the three different ways the argument section of a cover letter can be formatted

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