The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>
<h3>The "Fair Use" doctrine</h3>
- Became federal law by the passing of the Copyright Act of 1976.
- Allows for usage of copyrighted material for teaching, news reporting, and research among others.
This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.
In conclusion, this is The "Fair Use" doctrine.
Find out more on The "Fair Use" doctrine at brainly.com/question/1268530.
Answer:
Explanation:
Economics is a social science needed with the production, distribution, and consumption of goods and services. It studies how we, businesses, governments, and nations make choices about how to assign resources.
<em></em>Your answer is :<em>
B.</em>
The Hepburn Act.
Answer:
B. Purchase Price of the Old Vehicle
Explanation:
Step 1: Consider the relevant transaction from the old vehicle
The Purchase price of the old vehicle is considered a historical cost and in most situations, especially for accounting purposes, this amount has undergone depreciation from the very first year the old vehicle was bought.
Instead of concentrating on the purchase price of the old vehicle, the only transaction from that old vehicle that is worth considering is the Proceeds from its disposal which can serve as part of the payment for the new fire truck to be purchased.
Step 2: Consider the relevant transactions for the new vehicle
One of the very first transactions that are relevant for the new vehicle is the purchase price. A very expensive new fire truck can cancel out the benefits of its acquisition since the main essence of acquisition is to save cost.
Step 3: Consider the Expected Operating Expenses that can be saved by the new truck
This the main reason advanced by the CIty of San Diego to get a new fire truck. Hence, a fire truck that tends to increase maintenance and operating cos will not fit into the decision.
Based on these explanations, therefore, the only transaction that is not relevant to this decision is the purchase price of the old vehicle
Answer:
$2,500
Explanation:
since Sherry will receive at least $10,000 or 25% of the partnership's net income, then the guaranteed payment = $10,000 - ($30,000 x 25%) = $10,000 - $7,500 = $2,500
When partnerships include guaranteed minimum payments, he/she will receive that amount even if the partnership's net income is not high enough. If the partnership's net income would have been $40,000 or more, then there would be no guaranteed payment (= $40,000 x 25% = $10,000).
