Courtney Love in a statement claimed ""All of those independent promotion costs are charged to the band. Since the original million-dollar advance is also recoupable, the band owes $2 million to the record company."" How much money did the band really owe the label?
A) 2000000
B) 1000000
C) 385000
D) 250000
E) Zero

Question

Quizplus · Accepted Answer

The statement implies that the band owes $2 million, but if the costs are recoupable, it means they are deducted from the band's earnings. If the band hasn't earned enough to cover these costs, they technically owe nothing until they generate sufficient revenue.

Courtney Love in a Statement Claimed ""All of Those Independent