Because of the Loss of Significant Amounts of Revenue as a Result

question 33

Multiple Choice

Because of the loss of significant amounts of revenue as a result of unauthorized digital downloads, file-sharing has created problems for

• A)the motion picture industry.
• B)recording artists and their labels.
• C)the companies that distribute file-sharing software.
• D)all of the choices.

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in a company, calculated as the company's total assets minus its total liabilities.

Personal Assets

Assets owned by an individual as opposed to those owned by a business or an institution.

Transfer Agent

A trust company, bank, or similar financial institution assigned by a corporation to maintain records of investors, account balances and transactions, and to manage dividends and other disbursements.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company.