Solved

Which of the Following Definitions Is Not Correct

Question 54

Multiple Choice

Which of the following definitions is not correct?


A) "Natural scarcity" occurs when there is an inadequate supply of something.
B) A "copyright collective" is an organization of copyright holders that administers rights on behalf of those members.
C) The "public domain" refers to works that belong to the community as a whole and therefore can be used by anyone.
D) "Royalties" consist of monetary payments made to an author in exchange for the right to use the author's work.
E) "Non-rivalrous" refers to a situation in which an intellectual property-holder exercises a monopoly in the market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents