In order for a copyright holder to collect money damages from a person who used copyrighted material, it must be proven that

A. the infringement was intentional.
B. the copyright holder sustained more than $500 in actual damages.
C. the copyrighted material contained the copyright symbol, name of the copyright holder, and the year of copyright.
D. the infringer actually copied the work.


Answer: D

Business

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Which of the following is a true statement about advertising?

A) For most organizations, advertising is one of the smallest marketing expenditures. B) The most important measure of advertising is its entertainment value. C) Informing consumers about a brand is typically a short-term advertising effort. D) The construction of an advertising campaign should be guided by communication objectives. E) Call-to-action advertising asks for a long-term response from consumers.

Business

Which of the following is not true?

a. Callable preferred shares provide the issuer with the right to repurchase preferred shares at a specified price, b. If financing becomes available at a cost lower than the rate fixed for the preferred shares, the issuing firm can reduce its financing costs by issuing new securities and then exercising its option to reacquire the outstanding callable preferred shares at a fixed price. c. The call option is valuable to the issuing firm but makes the shares less attractive to potential owners of the shares. d. Other things equal, a firm will receive a smaller amount from issuing callable preferred shares than from issuing noncallable preferred shares. e. Callable preferred shares provide the issuer with the obligation to repurchase preferred shares at a specified price,

Business

Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all of which are noncallable, are as follows:  T-bond = 7.72%          A = 9.64%AAA = 8.72%           BBB = 10.18% The differences in rates among these issues were most probably caused primarily by:

A. Real risk-free rate differences. B. Tax effects. C. Default risk and liquidity differences. D. Maturity risk differences. E. Inflation differences.

Business

If an agent at his principal's direction fixes prices with the principal's competitors:

A) only the agent is criminally liable. B) only the principal is criminally liable. C) both the principal and agent are criminally liable. D) any liability would be civil only.

Business