All of the Following Are Reasons Piracy Has Occurred EXCEPT

question 41

Multiple Choice

All of the following are reasons piracy has occurred EXCEPT ________.

• A)technology allows copyrighted material to be reproduced cheaply without much loss of quality
• B)some countries offer little protection for certain products
• C)in some cultures, people see little morally wrong in buying counterfeit goods
• D)the protection of intellectual property rights varies little from country to country

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Definitions:

Contra-Liability Account

An account that reduces the amount of a liability, often used to record discounts or allowances that decrease the total amount owed by a company.

Cash Inflow

The cumulative sum of funds flowing into a company, usually originating from its operations, investments, and financial activities.

Semiannually

Occurring twice a year, typically every six months.

Effective-interest Method

A technique used in finance to calculate the actual interest rate on a bond or loan, taking into account the effect of compounding over the period.