In Authors Guild V

question 44

Multiple Choice

In Authors Guild v. Google, a US District Court judge ruled that Google's project to scan millions of copyrighted books was a fair use of copyrighted books because

• A) it is an example of time shifting.
• B) it is an example of space shifting.
• C) Google pledged to give all of the profits to charity.
• D) the project represents a highly transformative use of the copyrighted material.
• E) all of the copyrights will eventually expire, but the database will last for centuries.

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Definitions:

Current Liabilities

Financial obligations or debts of a business that are due within a year or within its operating cycle if longer.

Solvency

Refers to an entity's ability to meet its long-term financial liabilities.

Current Position Analysis

Evaluation of a company’s current financial health and performance, focusing on its liquidity, solvency, and profitability.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) or income and expense is represented as a proportion of the total account.