Publicly Available Data on Production Costs and Box Office Revenues

question 31

Multiple Choice

Publicly available data on production costs and box office revenues reflect that:

• A)R-rated movies on an average collect higher revenues than G-rated movies.
• B)revenue collected by PG-rated movies donot cover the production and distribution costs.
• C)G-rates movies help investors to make artistic or polictical statements.
• D)family-rated movies are on average profitable.

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Definitions:

Preexisting Contract

An agreement that was already in place before certain actions were taken or before a dispute arose.

Modification

The act of making changes or alterations to something, such as a document or agreement, often to improve it or make it more suitable.

Past Consideration

Refers to something given or an action that has been taken in the past, which cannot legally serve as a consideration for a present contract.

Statute of Limitations

A legal rule setting the maximum time period in which certain actions can be brought to court or certain rights enforced, after which claims are barred regardless of merit.