In Canada, Software Is Protected Primarily Under Copyright Law, Although

question 61

True/False

In Canada, software is protected primarily under copyright law, although there are situations in which patent law will apply to software embedded in a particular invention.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Cost-volume-profit Analysis

An accounting technique used to determine how changes in costs, sales volume, and price affect a company's profit.

Cost-volume-profit Analysis

An accounting method used to determine how changes in costs and volume affect a company's operating income and net income.

Fixed Costs

Expenses that do not change significantly with the level of business activity, such as rent, salaries, and loan payments.