Use the Fact Situation in Q13 to Answer the Related

question 27

Multiple Choice

Use the fact situation in Q13 to answer the related question that follows. Now assume that when Henry designed the website,he did so without any links to the Nova Scotia company.In this case,

• A)only Henry owns the copyright in the website.
• B)neither Henry nor his company own the copyright in the website.
• C)only Henry's company owns the copyright in the website.
• D)both Henry and his company own the copyright in the website.
• E)none of the above

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Definitions:

Units-Of-Production Method

This method is an accounting technique used to allocate depreciation based on the actual usage or production level of the asset.

Scrap Value

The forecasted selling price of an asset following the expiration of its effective life.

Units-Of-Production Method

A depreciation technique that calculates an asset's expense based on its usage, output, or production, rather than the passage of time.

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.