After Many Failed Attempts, the Copyright Act Was Amended by Parliament

question 32

Multiple Choice

After many failed attempts, the Copyright Act was amended by Parliament in 2012. Which of the following was not one of the amendments?

• A) It became illegal to circumvent access control locks for copyrighted digital materials.
• B) The YouTube exception was added.
• C) All copyright requires registration to be protected domestically.
• D) Education, satire, and parody were added to the allowable fair dealing uses.
• E) The recording of television shows for later viewing was allowed.

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Definitions:

Net 30 Credit Policy

A credit term indicating that payment is due in full 30 days after goods are delivered or services are performed.

Monthly Interest Rate

The interest rate applied each month on a loan or investment, often derived from the annual interest rate divided by twelve months.

Variable Cost

A variable cost is an expense that varies depending on a company's production volume; they rise as production increases and fall as production decreases.

NPV

An alternate expression for Net Present Value, it represents the difference between the present value of cash inflows and the present value of cash outflows over a period of time.