A Professor for One of Your Courses Has Assigned Reading

question 136

Multiple Choice

A professor for one of your courses has assigned reading materials from various publications. He tells you that the materials are on reserve and that each student should go and copy the materials individually. He notes that for him to copy the materials for students and then sell them or distribute them would be a violation of copyright law. The professor's conduct:

• A) Is unethical and violates copyright law as well.
• B) Is something everyone does and is accepted behavior.
• C) Does not really harm anyone.
• D) Is acceptable in an academic setting.

---

Definitions:

Noncumulative Preferred Stock

A type of preferred stock that does not entitle the holder to claim dividends that were not paid in the past, focusing only on current and future dividend payments.

Liquidating Dividend

A liquidating dividend is a type of payment made by a corporation to its shareholders during the partial or full liquidation, distributing the assets among shareholders.

Cash Dividend

A payment made by a company to its shareholders, often as a distribution of profits.

Common Stock Dividends Distributable

A portion of earnings allocated by a company to be distributed to holders of its common stock, recognized as a liability until paid out.