When a Judge Talks About a Transformative Use in a Right

question 12

Multiple Choice

When a judge talks about a transformative use in a right to publicity case,he or she is referring to

• A)a use that transforms the plaintiff's likeness into something the defendant can sell.
• B)transforming a right to privacy claim into a claim for the right to publicity.
• C)a use which is not a literal reproduction of the plaintiff's likeness,but a use in which the defendant has added a creative element to the likeness,like making it a parody of the likeness.
• D)a use which takes a person who is a celebrity in one field and transforms that celebrity to another field; like making a musician into a TV actor.

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Definitions:

Semi-Annually

A term indicating something that happens twice a year or every six months.

Straight Bond Value

The value of a bond that does not have any embedded options, calculated by considering its coupons and principal repayment, discounting back at an appropriate yield rate.

Black-Scholes Formula

A mathematical model used to estimate the price of European-style options, considering factors like the asset's price, time, volatility, and risk-free rate.

Straight Bond Value

The value of a bond that does not have any embedded options such as convertibility or callability, calculated based on its coupon payments and maturity value.