In Order to Prevail in a Vicarious Copyright Infringement Case

question 2

True/False

In order to prevail in a vicarious copyright infringement case, the copyright owner must prove indirect infringement by a primary party, an indirect financial benefit to the defendant, and the defendant's inability to supervise the infringers.

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Definitions:

Carrying Value

The amount an asset is valued at on a balance sheet, subtracting depreciation and amortization.

Value Recovers

The process by which the market value of an asset increases after a period of decline.

Double Declining Balance

A method of accelerated depreciation which doubles the straight-line depreciation rate, resulting in higher depreciation expenses in the early years of an asset's life.

Depreciation Rate

The rate at which an asset's value is reduced over time for accounting and tax purposes.