If You Copy a Drawing from the Internet and Use

question 269

Multiple Choice

If you copy a drawing from the Internet and use it in a report, you might be violating the artist's _____.

• A) digital rights
• B) intellectual property rights
• C) fair use rights
• D) artistic rights

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Definitions:

FMV

Fair Market Value refers to the price at which property would sell on the open market between a willing buyer and a willing seller.

Dividend Income

Income received from owning shares in a company, which represents a distribution of the company's earnings.

Schedule M-1

A form used in corporate taxation to reconcile financial statement income with taxable income reported on U.S. federal tax returns.

Book Income

The income reported by a business for financial accounting purposes, which may differ from taxable income due to different accounting methods.