The _____ Was Passed in 1997 and It Makes It

question 44

Multiple Choice

The _____ was passed in 1997 and it makes it a crime to engage in copyright infringement even when there is no commercial motive.

• A) Digital Millennium Copyright Act
• B) No Electronic Theft Act
• C) Regulatory Flexibility Act
• D) Electronic Communications Privacy Act

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Definitions:

Acid-test Ratio

Acid-test ratio is a financial metric that measures a company's ability to pay off its short-term liabilities with its quick assets (cash, marketable securities, and current receivables) without selling any inventory.

Debt-to-equity Ratio

A ratio illustrating the proportional use of shareholder equity and debt in the acquisition of a company's assets.

Receivable Turnover

A financial metric indicating the efficiency of a company in collecting its accounts receivable or the effectiveness of its credit policy.

Inventory Turnover

A metric representing the frequency at which a business's stock is sold and restocked within a given timeframe, reflecting how effectively inventory is handled.