Cynthia Hates Writing Term Papers and Reports So When She

question 13

Multiple Choice

Cynthia hates writing term papers and reports so when she receives an assignment to write a paper for her law class,she calls her friend Stephanie and agrees to pay Stephanie to write the paper for her.Stephanie,instead of writing the paper,copies a paper from a small remote law journal that publishes faculty written papers from throughout the world on-line.When the plagiarism is discovered,an infringement claim is brought.Cynthia is guilty of:

• A) nothing because Stephanie infringed on the author's/publisher's copyright, not her.
• B) vicarious infringement.
• C) indirect/contributory infringement.
• D) nothing because once a work is published on-line, the fair use doctrine permits unlimited use of the work without attribution

---

Definitions:

GAAP

Acronym for Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.

Operating Leases

Operating leases are lease agreements that allow for the use of an asset but do not grant ownership rights of the asset to the lessee.

Note Disclosure

A detailed explanation added to financial statements providing additional context or information about the statements.

Future Cash Flows

Projections of cash revenues minus cash expenses, representing the amount of money a company expects to receive or pay out over a specific period.