Read the text and determine if the sentence is true (see options at the end):

Public Domain Day is an observance of when copyrights expire and works enter into the public domain. This legal transition of copyright works into the public domain usually happens every year on 1 January based on the individual copyright laws of each country.

Sentence: Public Domain Day is known by different names in different countries
Choices:
i. Yes;
ii. It's impossible to say;
iii. No;
ii.