Which of the following statements concerning remedies for copyright infringement is not true?
A) The court can order the infringer to pay a certain sum representing financial loss to the copyright owner.
B) The court can grant an injunction requiring the infringer to destroy all illegal copies of the infringed work.
C) Criminal penalties under the Copyright Act are available only as an alternative to an action for damages.
D) The court can order the infringer to pay any profits made by the illegal use of the copyright to the owner.
E) The court can order the infringer to pay punitive damages to the copyright owner.
C
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A large retailer selling food and most routinely purchased consumer products is a
A. hypermarket. B. supermarket. C. discount store. D. warehouse club. E. superstore.
Everett bought a washer and dryer for $1,200 from Neely Appliances, which was to deliver the set in two days, on its regular delivery date for Everett's area. However, on the night of the sale, Neely's suffered an accidental fire and the washer and
dryer were destroyed. Who has the risk of loss? Who would have the risk of loss if Everett had instead bought a used washer and dryer from his neighbor who was having a moving sale, and the washer and dryer were destroyed after Everett had paid for them and after the neighbor made them available to Everett but before he picked them up?
Only contingencies that are probable and can be estimated are recorded as a liability and an accrued expense
Indicate whether the statement is true or false
Which of the following is not true regarding a credit card expense?
A. Credit card expense is not recorded by the seller. B. Credit card expense may be classified as an administrative expense. C. Credit card expense is a fee the seller pays for services provided by the card company. D. Credit card expense may be classified as a selling expense. E. Credit card expense may be classified as a "discount" deducted from sales in the calculation of net sales.