FastBreak Ltd. is dissatisfied with its ranking in Google Inc's search results. FastBreak files a suit against Google, seeking an injunction. Google argues that its search results are constitutionally protected speech. FastBreak's best argument against Google's position is that

a. the First Amendment protects humans against state censorship and protecting a computer's speech is not related to that purpose.
b. the trillions of decisions made by computers each day do not all constitute protected speech.
c. computerized algorithms, which generate computer language, do not constitute speech.
d. search results constitute commercial speech, for which the First Amendment provides only limited protection.

a

Business

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Consider the Modigliani and Miller world of corporate taxes. An unleveraged (all-equity) firm value is $100 million

By adding debt, the annual interest expense is $10 million, the corporate tax rate is 40%, and the discount rate on the tax shield is 10%. What is the value of the firm after adding debt? A) $100 million B) $120 million C) $140 million D) $160 million

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