Chapter 2 Lists Four Factors Governing the Fair-Use Exemption, Which

question 17

Multiple Choice

Chapter 2 lists four factors governing the fair-use exemption, which allows you to use copyrighted material without permission under certain conditions. One factor is the nature and purpose of the copyrighted work. What is another factor?

• A) the effect of the use on the potential market for the copyrighted work
• B) the degree of difficulty you might encounter if you did seek permission to use the copyrighted work
• C) whether the copyrighted work was published on the Internet, in which case it can be considered to be in the public domain
• D) whether you intended to cause the copyright holder any harm-financial or otherwise-by using the copyrighted material

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Definitions:

Production Data

Information related to the manufacturing process, including quantities produced, resources used, and time taken.

January

The first month of the year in the Gregorian calendar.

Conversion Costs

The total expenses of direct labor and manufacturing overhead that are necessary to transform raw materials into completed goods.

Equivalent Units

A concept used in cost accounting to express the amount of materials, labor, and overhead a company has applied to produce partially completed goods in terms of fully completed units.