Fact Pattern 9-B1 (Questions B1-B3 Apply)

question 15

Multiple Choice

Fact Pattern 9-B1 (Questions B1-B3 apply)
Great Looks Clothing Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices.Hot Trends,Inc.,sends e-mail ads to any e-mail address that Hot Trends can find on the Web or otherwise generate.Ilene sends e-mail notes to her friends,relatives,and co-workers,discussing personal issues and recommending products or services that she likes.
-ConnectWeb,Inc.,an Internet service provider (ISP) ,supplies information to the Federal Trade Commission concerning possible unfair or deceptive conduct in foreign jurisdictions.For this disclosure,federal law gives ConnectWeb and other ISPs immunity from liability.This is

• A)goodwill.
• B)fair use.
• C)a safe harbor.
• D)a license.

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Definitions:

Investee

A company or entity in which an investor holds a minority stake, not sufficient to exercise control over it.

Dividend Revenue

Income earned from owning shares in a company, typically paid out of the company's profits.

Equity Method

An accounting technique used when a company holds significant influence over another company but does not have full control, involving recording investments at original cost and adjusting for the share of profit or loss.

Stock Investments

Financial assets representing ownership in a company or corporation, typically bought and sold on stock exchanges.