Critical Thinking Questions Case 4-1

question 3

Multiple Choice

Critical Thinking Questions Case 4-1
Your friends know that you understand a lot about computers, both the technical details of how they operate as well as information about software. Lately, with all of the concerns about copyright infringement, friends have started to ask you about categories of application software and what each kind permits.
You tell your friends that all of the following are true EXCEPT:

• A) A copyright gives creators of original work exclusive rights to duplicate, publish, and sell their materials.
• B) Anyone can copy or distribute public-domain software to others at no cost.
• C) Customers using freeware can personalize the software to meet their needs.
• D) Some shareware programs become useless if no payment is sent after the trial period ends.

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Definitions:

Minimum Required Rate

The lowest rate of return or yield that an investor expects or requires from an investment.

Internal Rate of Return

The discount rate at which the net present value of all cash flows (both positive and negative) from a project or investment equals zero.

Rate of Return

A measure of the profitability and efficiency of an investment, expressed as a percentage of the original investment.

Initial Investment

The funds allocated to start a business or a project, representing the beginning financial input.