In March of 2010, Xeon Corp.applied for a trade name.Legal costs associated with the application were $25, 000.At the time of filing the application, the company projected extra annual income to be generated through having the trade name to be $100, 000.On Feb.5, 2012, the company incurred $20, 000 in an unsuccessful defense of the trade name.
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The Answer of In March of 2010, Xeon Corp.applied for a trade name.Legal costs associated with the application were $25, 000.At the time of filing the application, the company projected extra annual income to be generated through having the trade name to be $100, 000.On Feb.5, 2012, the company incurred $20, 000 in an unsuccessful defense of the trade name.
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