In the Late 1990s, ____ Burst onto the National Scene

question 5

Multiple Choice

In the late 1990s, ____ burst onto the national scene when college students became aware of a technology called Napster that provided free access to hit songs.

• A) Telnet
• B) FTP
• C) file sharing
• D) Usenet

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Definitions:

Acquisition

The method where one corporation acquires the majority or entirety of another corporation's shares to obtain dominance over that corporation.

Fair Value

A financial accounting term used to describe the estimated market value of an asset or liability based on current market conditions.

Noncontrolling Interest

A stake in a company owned by minority shareholders that doesn’t give them control over the company's operational and financial decisions.

Noncontrolling Interest

A minority share in a subsidiary that is not enough to exert control, often reflected in the parent company's financial statements as part of equity but separate from the parent's equity.