MBU 1110 Test 1 questions with /| /| /| /| /| /|
answers
An advantage of publicity - which solicits the press and others for
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coverage in media - is that is costs lass than other forms of
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promotion or advertising /| /| /|
a. True
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b. False - CORRECT ANSWERS ✔✔a. True
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Personal Managers assist with: /| /| /|
a. The outside world
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b. Promoting you to label, and public
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c. Helping make creative decisions
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d. all of the above - CORRECT ANSWERS ✔✔d. all of the above
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It is uncommon for a record deal to take two to four months to
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negotiate with your attorney; this should take no more than a few
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hours if the attorney is a professional
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a. True
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b. False - CORRECT ANSWERS ✔✔b. False
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Which clause gives the artist the right to terminate the agreement
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if a specific manager/agent is no longer with the agency
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a. Just-cause
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, b. Exclusive right
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c. Key person (aka Key Man)
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d. Sunset clause - CORRECT ANSWERS ✔✔c. Key person (aka Key
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Man)
Every principal stakeholder needs their skilled ________ to help
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advance /|
a. BGV
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b. Writer
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c. Manager
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d. Above answers are not sufficient alone - CORRECT ANSWERS
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✔✔GUESS d. /|
Escalations, like speculation or spec deals, allow for provisions to
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be made based on how a product does financially.
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a. True
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b. False - CORRECT ANSWERS ✔✔
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Business managers are paid on a percentage ( ___ ) a flat fee or a
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combination. /|
a. 11%
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b. 9%
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c. 7%
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d. 5% - CORRECT ANSWERS ✔✔d. 5%
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answers
An advantage of publicity - which solicits the press and others for
/| /| /| /| /| /| /| /| /| /| /| /|
coverage in media - is that is costs lass than other forms of
/| /| /| /| /| /| /| /| /| /| /| /| /|
promotion or advertising /| /| /|
a. True
/| /|
b. False - CORRECT ANSWERS ✔✔a. True
/| /| /| /| /| /|
Personal Managers assist with: /| /| /|
a. The outside world
/| /| /|
b. Promoting you to label, and public
/| /| /| /| /| /| /|
c. Helping make creative decisions
/| /| /| /| /|
d. all of the above - CORRECT ANSWERS ✔✔d. all of the above
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It is uncommon for a record deal to take two to four months to
/| /| /| /| /| /| /| /| /| /| /| /| /| /|
negotiate with your attorney; this should take no more than a few
/| /| /| /| /| /| /| /| /| /| /| /|
hours if the attorney is a professional
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a. True
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b. False - CORRECT ANSWERS ✔✔b. False
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Which clause gives the artist the right to terminate the agreement
/| /| /| /| /| /| /| /| /| /| /|
if a specific manager/agent is no longer with the agency
/| /| /| /| /| /| /| /| /| /|
a. Just-cause
/|
, b. Exclusive right
/| /| /|
c. Key person (aka Key Man)
/| /| /| /| /|
d. Sunset clause - CORRECT ANSWERS ✔✔c. Key person (aka Key
/| /| /| /| /| /| /| /| /| /| /|
Man)
Every principal stakeholder needs their skilled ________ to help
/| /| /| /| /| /| /| /| /|
advance /|
a. BGV
/|
b. Writer
/|
c. Manager
/|
d. Above answers are not sufficient alone - CORRECT ANSWERS
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✔✔GUESS d. /|
Escalations, like speculation or spec deals, allow for provisions to
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be made based on how a product does financially.
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a. True
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b. False - CORRECT ANSWERS ✔✔
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Business managers are paid on a percentage ( ___ ) a flat fee or a
/| /| /| /| /| /| /| /| /| /| /| /| /| /| /|
combination. /|
a. 11%
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b. 9%
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c. 7%
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d. 5% - CORRECT ANSWERS ✔✔d. 5%
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