Question 1

Which of the following is true about copyrights?

Accepted Answer

A)  Copyright protection lasts for 20 years. 
B)  Copyright protection is effective only if the work has been properly registered. 
C)  The Sony Bono Copyright Term Extension Act grants copyright protection for the life of the author plus 70 years. 
D)  In order to obtain a copyright,a work must be novel,useful,and nonobvious. 
E)  A work cannot be copyrighted if there is a likelihood of confusion with another work. 
A)  Copyright protection lasts for 20 years. 
B)  Copyright protection is effective only if the work has been properly registered. 
C)  The Sony Bono Copyright Term Extension Act grants copyright protection for the life of the author plus 70 years. 
D)  In order to obtain a copyright,a work must be novel,useful,and nonobvious. 
E)  A work cannot be copyrighted if there is a likelihood of confusion with another work.

Question 2

The following are types of marks that can be registered except:

Accepted Answer

A)  performance marks 
B)  certification marks 
C)  service marks 
D)  trademarks 
E)  collective marks 
A)  performance marks 
B)  certification marks 
C)  service marks 
D)  trademarks 
E)  collective marks

Question 3

Which of the following is true about misappropriation of trade secrets?

Accepted Answer

A)  A valid patent is required in order to recover. 
B)  A valid trademark is required in order to recover. 
C)  Both a valid trademark and valid patent are required in order to recover. 
D)  Neither a valid trademark nor a valid patent is required in order to recover. 
A)  A valid patent is required in order to recover. 
B)  A valid trademark is required in order to recover. 
C)  Both a valid trademark and valid patent are required in order to recover. 
D)  Neither a valid trademark nor a valid patent is required in order to recover.

Question 4

One of the provisions of the American Inventors Protection Act of 1999 is that:

Accepted Answer

A)  the power to regulate invention promoters was transferred to the Department of Justice 
B)  the legal life of a patent was extended to 20 years 
C)  the Patent and Trademark Office must make a decision on a patent application within 5 years after its filing 
D)  inventors are able to file a provisional application granting provisional rights pending the filing of a final application within three months 
A)  the power to regulate invention promoters was transferred to the Department of Justice 
B)  the legal life of a patent was extended to 20 years 
C)  the Patent and Trademark Office must make a decision on a patent application within 5 years after its filing 
D)  inventors are able to file a provisional application granting provisional rights pending the filing of a final application within three months

Question 5

A patent holder may recover damages and receive an injunction against an infringer in a patent infringement action.

Accepted Answer

A) True 
 B)False

Question 6

What may be registered with the United States Copyright Office?

Accepted Answer

A)  patents 
B)  patents and trademarks 
C)  published works 
D)  unpublished works 
E)  published and unpublished works 
A)  patents 
B)  patents and trademarks 
C)  published works 
D)  unpublished works 
E)  published and unpublished works

Question 7

For trade secrets to be protected,a business owner only needs to take a single action to prevent his or her trade secret from being discovered.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is true about copyright law in the United States?

Accepted Answer

A)  A work must be published in order to receive copyright protection. 
B)  State copyright laws supplement the federal copyright laws. 
C)  A copyright is not created by the process of registration. 
D)  A copyright must be registered before public disclosure of the copyrighted material. 
A)  A work must be published in order to receive copyright protection. 
B)  State copyright laws supplement the federal copyright laws. 
C)  A copyright is not created by the process of registration. 
D)  A copyright must be registered before public disclosure of the copyrighted material.

Question 9

In a patent infringement case,which of the following could not be obtained in a civil lawsuit?

Accepted Answer

A)  Money damages that equal to a reasonable royalty rate on the sale of the infringed item. 
B)  An injunction preventing the infringer from such action in the future. 
C)  Liquidation of the infringer's business. 
D)  An order requiring the destruction of the infringing articles. 
A)  Money damages that equal to a reasonable royalty rate on the sale of the infringed item. 
B)  An injunction preventing the infringer from such action in the future. 
C)  Liquidation of the infringer's business. 
D)  An order requiring the destruction of the infringing articles.

Question 10

What federal legal protection is there with respect to trade secrets?

Accepted Answer

A)  Trade secrets are protected under the federal patent laws. 
B)  Trade secrets are protected under the federal copyright laws. 
C)  Trade secrets are protected under the Trade Secret Protection Act of 1952. 
D)  Trade secrets are protected under the Economic Espionage Act of 1996. 
E)  Trade secrets receive no federal statutory protection. 
A)  Trade secrets are protected under the federal patent laws. 
B)  Trade secrets are protected under the federal copyright laws. 
C)  Trade secrets are protected under the Trade Secret Protection Act of 1952. 
D)  Trade secrets are protected under the Economic Espionage Act of 1996. 
E)  Trade secrets receive no federal statutory protection.

Question 11

For which of the following can protection be extended by filing an application to renew?

Accepted Answer

A)  patents only 
B)  patents and trademarks 
C)  trademarks only 
D)  copyrights and trademarks 
E)  copyrights,trademarks,and patents 
A)  patents only 
B)  patents and trademarks 
C)  trademarks only 
D)  copyrights and trademarks 
E)  copyrights,trademarks,and patents

Question 12

Under the U.S.Constitution,patent law is federal law.

Accepted Answer

A) True 
 B)False

Question 13

Trademarks are protected for a nonrenewable 10-year period.

Accepted Answer

A) True 
 B)False

Question 14

Should a drug manufacturer that holds a patent on a drug that is very effective for many AIDS patients be able to sell that drug well above its cost of production during the period of patent protection? If so,under what circumstances? Should these companies sell,or be required to sell,these drugs at lower prices to persons in poor nations that have a larger problem with AIDS than the United States?

Accepted Answer

Proponents argue that it is the ability

Question 15

The Lanham Act was enacted to:

Accepted Answer

A)  provide federal protection to trademarks 
B)  protect the owner's investment and goodwill in a mark 
C)  prevent consumers from being confused as to the origin of goods and services 
D)  All of these are correct. 
A)  provide federal protection to trademarks 
B)  protect the owner's investment and goodwill in a mark 
C)  prevent consumers from being confused as to the origin of goods and services 
D)  All of these are correct.

Question 16

If an owner fails to take all reasonable precautions in preventing a trade secret from being discovered,the secret is no longer protected under state unfair competition laws.

Accepted Answer

A) True 
 B)False

Question 17

The fair use doctrine allows limited public use of copyrighted material without the permission of the copyright holder.

Accepted Answer

A) True 
 B)False

Question 18

Seattle Paint Company developed a new exterior house paint that can be properly applied even in the rain.How can this formula be protected without filing for a patent?

Accepted Answer

A)  Without a patent,no protection is available. 
B)  If the company takes all reasonable steps to avoid discovery of the secret,it can be protected against some,but not all,methods of discovery of the secret. 
C)  By putting a notice on the cans of paint that the formula is a protected trade secret. 
D)  By registering a trademark for the product specifying that the product is distinctive. 
A)  Without a patent,no protection is available. 
B)  If the company takes all reasonable steps to avoid discovery of the secret,it can be protected against some,but not all,methods of discovery of the secret. 
C)  By putting a notice on the cans of paint that the formula is a protected trade secret. 
D)  By registering a trademark for the product specifying that the product is distinctive.

Question 19

Which of the following is correct with regard to a trademark infringement case?

Accepted Answer

A)  The plaintiff need prove only that its mark was used in an unauthorized manner. 
B)  The plaintiff must prove actual damages to prevail in the suit. 
C)  The plaintiff must prove that the unauthorized use is likely to cause confusion,mistake or deceive the public about the origin of the goods. 
D)  Treble damages are not available. 
A)  The plaintiff need prove only that its mark was used in an unauthorized manner. 
B)  The plaintiff must prove actual damages to prevail in the suit. 
C)  The plaintiff must prove that the unauthorized use is likely to cause confusion,mistake or deceive the public about the origin of the goods. 
D)  Treble damages are not available.

Question 20

The granting of a patent terminates the ability to challenge its validity.

Accepted Answer

A) True 
 B)False

Exam 7: Intellectual Property and Cyber Piracy

Which of the following is true about copyrights?

The following are types of marks that can be registered except:

Which of the following is true about misappropriation of trade secrets?

One of the provisions of the American Inventors Protection Act of 1999 is that:

A patent holder may recover damages and receive an injunction against an infringer in a patent infringement action.

What may be registered with the United States Copyright Office?

For trade secrets to be protected,a business owner only needs to take a single action to prevent his or her trade secret from being discovered.

Which of the following is true about copyright law in the United States?

In a patent infringement case,which of the following could not be obtained in a civil lawsuit?

What federal legal protection is there with respect to trade secrets?

For which of the following can protection be extended by filing an application to renew?

Under the U.S.Constitution,patent law is federal law.

Trademarks are protected for a nonrenewable 10-year period.

The Lanham Act was enacted to:

If an owner fails to take all reasonable precautions in preventing a trade secret from being discovered,the secret is no longer protected under state unfair competition laws.

The fair use doctrine allows limited public use of copyrighted material without the permission of the copyright holder.

Seattle Paint Company developed a new exterior house paint that can be properly applied even in the rain.How can this formula be protected without filing for a patent?

Which of the following is correct with regard to a trademark infringement case?

The granting of a patent terminates the ability to challenge its validity.

Legal Heritage and the Information Age

Court Systems and Jurisdiction

Judicial, Alternative, and Online Dispute Resolution

Constitutional Law for Business and E-Commerce

Intentional Torts and Negligence

Strict Liability and Product Liability

Criminal Law and Cyber Crimes

Nature of Traditional and E-Contracts

Agreement

Consideration and Promissory Estoppel

Capacity and Legality

Genuineness of Assent and Undue Influence

Statute of Frauds and Equitable Exceptions

Third-Party Rights and Discharge

Remedies for Breach of Traditional and E-Contracts

Internet Law and E-Commerce

Formation of Sales and Lease Contracts

Title to Goods and Risk of Loss

Remedies for Breach of Sales and Lease Contracts

Sales and Lease Warranties

Creation of Negotiable Instruments

Transferability and Holder In Due Course

Liability,Defenses and Discharge

Checks, the Banking System, and E-Money

Creditor's and Debtor's Rights

Secured Transactions and Electronic Filing

Bankruptcy and Reorganization

Agency Formation and Termination

Liability of Principals, Agents, and Independent Contractors

Employment,Worker Protection,and Immigration Laws

Labor Law and Collective Bargaining

Equal Opportunity in Employment

Small Businesses, Entrepreneurs, and General Partnerships

Limited Partnerships and Limited Liability Limited Partnerships

Corporate Formation and Financing

Corporate Governance and the Sarbanes Oxley Act

Corporate Acquisitions and Multinational Corporations

Limited Liability Companies and Limited Liability Partnerships

Franchises and Special Forms of Business

Investor Protection and Online Securities Transactions

Ethics and Social Responsibility of Business

Administrative Law and Regulatory Agencies

Consumer Protection and Product Safety

Environmental Protection and Global Warming

Antitrust Law and Unfair Trade Practices

Personal Property and Bailment

Real Property

Landlord Tenant Law and Land Use Regulation

Insurance

Accountants' Liability

Wills, Trusts, and Elder Law

Family Law

International and World Trade Law

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