In Many Parts of the World, Sales of Unauthorized Videos

question 83

Multiple Choice

In many parts of the world, sales of unauthorized videos of Hollywood movies cost the movie studios billions of dollars. When illegal copies of movies are made, what form of intellectual property has been wrongly appropriated?

• A)patent
• B)copyright
• C)trademark
• D)trade secrets
• E)down loading

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Definitions:

American Put Options

Contracts that give the holder the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time period.

European Puts

Options contracts giving the holder the right, but not the obligation, to sell a specific amount of an underlying asset at a predetermined price within a specified time frame.

Black-Scholes Model

A mathematical model used to price European options, factoring in stock volatility and time to expiration.

Deteriorated Performance

A decline in the operational or financial outcomes of an individual, organization, system or asset.