With Over Half of Tickets to Major Events Sold Online,StubHub's

question 125

Multiple Choice

With over half of tickets to major events sold online,StubHub's website can help generate extra ticket sales for the original sponsors.This is why

• A)Ticketmaster recently purchased StubHub for $213 million dollars.
• B)StubHub has to pay licensing fees to all major sports teams whose tickets are sold on their website.
• C)StubHub now has formal relationships not only with professional sports leagues,but also with many sports programs at major universities.
• D)Stub Hub has expanded its mission from being "a sports ticket marketplace" to the "hub of all entertainment experiences."
• E)StubHub pays a surtax on any ticket it sells if the games are not sold out at local stadiums.

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Definitions:

Lease

A contractual agreement allowing the lessee to use an asset owned by the lessor for a specified period in exchange for payment.

Lessee

An individual or entity that leases an asset from another, agreeing to make payments in exchange for using the asset for a specified period.

Lessee

An individual or entity that leases or rents property or equipment from another, known as the lessor.

Leveraged Lease

A lease arrangement where the lessor uses borrowed funds to acquire an asset which is then leased to a lessee, effectively leveraging the investment.