Most Social Networking Web Sites Have Terms of Use Agreement

question 48

Multiple Choice

Most social networking Web sites have terms of use agreement that states the Web site has the right to:

• A)post messages about its users
• B)delete material that violates the site's policies
• C)edit material submitted by its users
• D)charge users to view adult material

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Definitions:

Retained Earnings

The accumulated portion of net income that a company decides to keep, rather than distributing among shareholders as dividends, to finance investment or pay off debt.

Common Shares

Equity securities representing ownership interests in a corporation, providing voting rights and entitling shareholders to a share of the company's profits via dividends.

Share Capital

The total amount of funds raised by a company through the issuance of shares to shareholders, representing ownership in the company.

Retained Earnings

The portion of a company's profit that is kept or retained within the company, not distributed to shareholders as dividends.