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An "Advance" Is Called That Because

Question 18

Multiple Choice

An "advance" is called that because


A) it is paid before there are royalties but any royalties will be reduced by the amount of the advance.
B) it is paid after there are royalties.
C) it is paid instead of royalties.
D) it is paid before there are royalties though actual royalties are not reduced by the amount of the advance.

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