In Canada, When Does a Work Generally Become Part of the Public

question 8

Multiple Choice

In Canada, when does a work generally become part of the public domain?

• A) upon publication
• B) 20 years following the end of the calendar year in which the author dies
• C) upon registration with the Copyright Board
• D) as soon as the author dies
• E) 50 years following the end of the calendar year in which the author dies

---

Definitions:

Additional Paid-in Capital

Additional paid-in capital is the amount of money shareholders have invested in the company above the par value of the shares, representing excess capital that is not classified as profit.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities.

Balance Sheet

A financial statement that shows a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Continuity Assumption

A fundamental accounting principle assuming that a business will continue to operate indefinitely, maintaining its financial and operational policies without the intention or necessity of liquidation.