Examlex
George is a famous water-skier.He uses a distinctive photograph of himself water-skiing for commercial purposes.Media Visions Inc.a public relations firm copied that photo and made a line drawing out of it.It then used that drawing in a brochure that it prepared for an organization that operated summer camps for children.The brochure did not identify George by name.Nor did it try to associate George with the camp.The brochure was merely intended to inform the public that water-skiing was one of the activities that were offered at the summer camps.Nevertheless, anyone who was familiar with George would immediately recognize that his image was on the brochure.Media Visions may be held liable to George on the basis of a tort known as misappropriation of personality.
Overreliance On Volume
The high dependency on sales volume to drive profit, risking profitability if volume decreases.
Overhead Applied
The allocation of manufacturing overhead to individual products or job orders based on a predetermined rate.
Actual Activity
The real measure of the volume of production or operation activities undertaken by a company within a specified period.
Estimated Overhead Cost
Estimated overhead cost refers to a projection or forecast of the total indirect expenses that will be incurred during a specified period in the production process.
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