Answer the following statement(s) true (T) or false (F)

1. A “small right” is defined as the right to exploit a composition that is less than one minute in
duration (such as a brief sample used in a rap song); this is in contrast to a “grand right,” which is the
right to exploit a composition with a duration longer than one minute.
2. New artists usually pay personal managers lower percentage representation fees at the beginning of
their careers because they simply can’t afford to pay the percentages charged superstars.
3. As a practical matter, successful booking agents serve the interests of two different parties, the artist
and the talent buyer.
4.With the rise of concert tours as an income source, road managers typically end up guiding careers in
place of personal managers.
5. A large, national booking agency generally takes commissions of 10% to 15% of the artist’s gross
income from work generated by the agency or otherwise eligible for commission.

1. False
2. False
3. True
4. False
5. True