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A Website Named Freegoodz

question 28

Multiple Choice

A website named freegoodz.com allows users to download computer software for free. This has resulted in significant losses for several companies that sell the same software legally. This is an example of _____.


Definitions:

Account Balance

The total amount of money in a financial account, calculated by subtracting total debits from total credits.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense account.

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