13-Which of the following statements is most accurate? a. A musical work will be deemed to have infringed on a prior musical work if the newer musical work is similar in any way to the prior musical work. b. A musical work will be deemed to have infringed on a prior musical work only if the newer musical work is exactly the same as the prior musical work. c. Neither a nor b above is accurate.

14. A franchise relationship is best described as: a. A relationship that assures franchisees the maximum amount of autonomy and flexibility in her business operations. b. A relationship where the franchisee sacrifices autonomy and flexibility in exchange for the benefit of brand recognition. c. A simple and low-cost alternative to starting a business.

15. The phrase, initial public offering (IPO) refers to the process where: a. A privately held corporation becomes a publicly traded corporation. b. A limited liability company becomes a publicly traded corporation. c. A general partnership becomes a limited liability partnership.