Question 1

Intellectual property:

Accepted Answer

A)  producers are likely to be adequately paid in the free market. 
B)  production is not subsidized by the government. 
C)  typically is expensive to produce but cheap to reproduce and transmit. 
D)  typically is expensive to produce, copy, and transmit. 
A)  producers are likely to be adequately paid in the free market. 
B)  production is not subsidized by the government. 
C)  typically is expensive to produce but cheap to reproduce and transmit. 
D)  typically is expensive to produce, copy, and transmit.

Question 2

In a recent case,In re Nuijten,the U.S.appeals court ruled that a method of encoding additional information on electronic signals emitted from digital audio files was not patentable because,although useful,the method was not a mechanical,electrical,or chemical invention,a process,a machine,or the composition of matter.

Accepted Answer

A) True 
 B)False

Question 3

If a trademarked name acquires a generic meaning,the owner of the trademark loses protection.

Accepted Answer

A) True 
 B)False

Question 4

Southern Bar-B-Q owns a special,secret recipe for sauce which it guards because it gives the restaurant a competitive advantage.If Mort willfully misappropriates the recipe,a court may hold him liable to Southern for double damages.

Accepted Answer

A) True 
 B)False

Question 5

The Supreme Court has held that parody of copyrighted material is a per se violation of copyright law.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following started out as a trademark name?

Accepted Answer

A)  Zipper. 
B)  Linoleum. 
C)  Nylon. 
D)  All the above. 
A)  Zipper. 
B)  Linoleum. 
C)  Nylon. 
D)  All the above.

Exam 42: Intellectual Property

Intellectual property:

If a trademarked name acquires a generic meaning,the owner of the trademark loses protection.

Southern Bar-B-Q owns a special,secret recipe for sauce which it guards because it gives the restaurant a competitive advantage.If Mort willfully misappropriates the recipe,a court may hold him liable to Southern for double damages.

The Supreme Court has held that parody of copyrighted material is a per se violation of copyright law.

Which of the following started out as a trademark name?

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