Which of the following would be considered fair use of copyrighted material?
a. a T-shirt company uses a famous clause from a song and places it on their T-shirts.
b. a high school teacher copies a portion of a song sheet to explain the use of timing and syncopation
c. a nonprofit organization sells copies of a copyrighted cookbook at a fundraiser
d. a movie producer uses a popular song as background to one of her movie scenes
b. a high school teacher copies a portion of a song sheet to explain the use of timing and syncopation
You might also like to view...
During Year 7, Seven Corporation wrote down marketable equity securities to their market value. The journal entry made for this write-down is as follows: Unrealized Holding Loss on Marketable Equity Securities Available for Sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.000 Marketable Equity Securities Available for Sale . . . . . . . . . . . . . . . . . 7,000
This entry a. does affect cash but does not appear in the statement of cash flows. b. does not affect cash but does appear in the statement of cash flows. c. does affect cash and does appear in the statement of cash flows. d. does not affect cash and does not appear in the statement of cash flows. e. none of the above
On September 1, Ziegler Corporation had 50,000 shares of $5 par value common stock, and $1,500,000 of retained earnings. On that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. The general journal entry to record this transaction is:
A. Debit Retained Earnings $750,000; credit Common Stock $750,000. B. Debit Retained Earnings $250,000; credit Stock Split Payable $250,000. C. Debit Retained Earnings $250,000; credit Common Stock $250,000. D. Debit Retained Earnings $750,000; credit Common Stock Split Distributable $750,000. E. No entry is made for this transaction.
On an absorption-costing income statement, fixed overhead costs are period costs.
Answer the following statement true (T) or false (F)
________ is the risk that the host government will take specific steps that prevent the foreign affiliate from exercising control over the firm's assets
A) Inconvertibility B) Expropriation C) Business income risk D) none of the above