Which of the Following Statements Is True of Copyright Law

question 42

Multiple Choice

Which of the following statements is true of copyright law?

• A) It gives the creators of intellectual property the exclusive right to produce, perform, and sell their work for a specified time period.
• B) Once an intellectual property is copyrighted, its further use is restricted forever.
• C) Copyrighting a product ensures that it is protected from piracy.
• D) It gives individuals the right to reproduce the pirated version of an intellectual property after the death of its original creator.

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Definitions:

Liability

A financial obligation or debt that an individual or company owes, which is required to be paid to creditors.

Manufacturing Firm

A company engaged in the transformation of raw materials, components, or parts into finished goods that meet a market's demand.

Finished Goods

Products that have completed the manufacturing process and are ready to be sold to consumers.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.