In CASE 11.2 American Broadcasting Companies, Inc v. Aereo, Inc (2014), the U.S. Supreme Court ruled for American Broadcasting Companies, finding that Aereo had:
a. engaged in direct copyright infringement when it publicly performed ABC's live broadcasts.
b. engaged in contributory copyright infringement when it publicly performed ABC's live broadcasts.
c. engaged in vicarious copyright infringement when it publicly performed ABC's live broadcasts.
d. violated the first sale doctrine by publicly performing ABC's live broadcasts.
a
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When callable preferred stock is recalled, if the recall price exceeds the total of the par value in the preferred stock account and the additional paid-in capital associated with the recalled preferred stock, the difference is
A) credited to Retained Earnings. B) credited to Additional Paid-in Capital on Preferred Stock. C) debited to Retained Earnings. D) credited to Loss from Recall of Preferred Stock.
The asset turnover ratio is computed as:
a. net operating income divided by average operating assets. b. average operating assets divided by sales. c. sales divided by average operating assets. d. net operating income divided by sales.
When stock is issued for assets other than cash, the transaction is recorded at the market value of the stock issued or the market value of the assets received, whichever is more clearly determinable
Indicate whether the statement is true or false
When an organization makes products domestically and sells them abroad, it indulges in ________.
A. importing B. exporting C. licensing D. franchising