QUESTION $3$

Courts consider four factors when determining whether the use of someone else's work constitutes fair use. However, which of the four factors is considered the most important by the courts?

Effect of the use upon the potential market for or value of the copyrighted work

Purpose and character of the use, including whether the use is of a commercial nature or is for nonprofit educational purposes

Amount and substantiality of the portion used in relation to the copyrighted work as a whole

Nature of the copyrighted work