Question 1

A trademark must be registered to support a trademark infringement action.​

Accepted Answer

A) True 
 B)False

Question 2

All aspects of software are protected by copyright law.​

Accepted Answer

A) True 
 B)False

Question 3

Patent infringement occurs only if all features or parts of a product are copied.​

Accepted Answer

A) True 
 B)False

Question 4

Louie invents "Market Up," new business inventory control software, and applies for a patent. If Louie is granted a patent, it will protect the product

Accepted Answer

A)  ​for ten years. 
B)  ​for twenty years. 
C)  ​for the life of Louie plus seventy years. 
D)  ​until the next software upgrade. 
A)  ​for ten years. 
B)  ​for twenty years. 
C)  ​for the life of Louie plus seventy years. 
D)  ​until the next software upgrade.

Question 5

The process behind the production of "Account Inc.," a suite of business accounting and inventory software, is protected by

Accepted Answer

A)  ​copyright law. 
B)  ​patent law. 
C)  ​none of the choices. 
D)  ​trade secrets law. 
A)  ​copyright law. 
B)  ​patent law. 
C)  ​none of the choices. 
D)  ​trade secrets law.

Question 6

A service mark distinguishes products used by those in public service.​

Accepted Answer

A) True 
 B)False

Question 7

The TRIPS agreement covers computer programs.​

Accepted Answer

A) True 
 B)False

Question 8

The first person to invent a product obtains the patent rights rather than the first person to file an application for a patent.​

Accepted Answer

A) True 
 B)False

Question 9

Each member country of the TRIPS agreement must include in its domestic laws intellectual property rights.​

Accepted Answer

A) True 
 B)False

Question 10

Li'l Canine Company (LCC) uses a trademark that neither LCC nor anyone else has registered with the government. Under federal trademark law, LCC

Accepted Answer

A)  ​can register the mark for protection. 
B)  ​cannot register a mark that has been used in commerce. 
C)  ​has committed trademark infringement. 
D)  ​must put off registration until the mark is out of use for six months. 
A)  ​can register the mark for protection. 
B)  ​cannot register a mark that has been used in commerce. 
C)  ​has committed trademark infringement. 
D)  ​must put off registration until the mark is out of use for six months.

Question 11

The theft of trade secrets is a federal crime.​

Accepted Answer

A) True 
 B)False

Question 12

Edge is a video game featuring interactive extreme sports. The graphics used in the game are protected by

Accepted Answer

A)  ​copyright law. 
B)  ​patent law. 
C)  ​trademark law. 
D)  ​none of the choices. 
A)  ​copyright law. 
B)  ​patent law. 
C)  ​trademark law. 
D)  ​none of the choices.

Question 13

Like most successful companies, Pads & Phones, Inc. (P&P), has trade secrets. The law protects those secrets if

Accepted Answer

A)  ​P&P employees do not divulge the information to outside parties. 
B)  ​P&P employees do not handle confidential documents. 
C)  ​P&P employees never leave the company's employ. 
D)  ​the information is unique and has value to a competitor. 
A)  ​P&P employees do not divulge the information to outside parties. 
B)  ​P&P employees do not handle confidential documents. 
C)  ​P&P employees never leave the company's employ. 
D)  ​the information is unique and has value to a competitor.

Question 14

Jon Joans decides to use his personal name for a line of clothing he is developing. Whether or not the name Jon Joans acquires a secondary meaning will depend on​

Accepted Answer

A)  ​how extensively Jon markets his line of clothing. 
B)  ​the market for Jon's line of clothing. 
C)  ​the number of clothing sales Jon makes. 
D)  ​all of the choices are correct. 
A)  ​how extensively Jon markets his line of clothing. 
B)  ​the market for Jon's line of clothing. 
C)  ​the number of clothing sales Jon makes. 
D)  ​all of the choices are correct.

Question 15

Gro, Inc., makes genetically modified seeds with properties that are identical to Harvest Corporation's patented seeds, without Harvest's permission. This is most likely

Accepted Answer

A)  ​copyright infringement. 
B)  ​patent infringement. 
C)  ​trademark infringement. 
D)  ​not infringement. 
A)  ​copyright infringement. 
B)  ​patent infringement. 
C)  ​trademark infringement. 
D)  ​not infringement.

Question 16

Mace copies Nick's book, Off the Road, in its entirety and sells it to Parkland Books, Inc., without Nick's permission. Parkland publishes it under Mace's name. This is

Accepted Answer

A)  ​copyright infringement. 
B)  ​fair use. 
C)  ​licensing. 
D)  ​protected expression.​ 
A)  ​copyright infringement. 
B)  ​fair use. 
C)  ​licensing. 
D)  ​protected expression.​

Question 17

A trade name cannot be protected if it is unusual.​

Accepted Answer

A) True 
 B)False

Question 18

An exception to liability for copyright infringement is made under the "fair use" doctrine.​

Accepted Answer

A) True 
 B)False

Question 19

The Anti-Counterfeiting Trade Agreement applies to pirated, copyrighted works being distributed via the Internet.​

Accepted Answer

A) True 
 B)False

Question 20

​Sui Generis, Inc. (SGI), designs and sells solar energy cells to research laboratories, commercial businesses, and individual consumers. Later, without SGI's permission, Mimic Company begins to sell cells of identical design to the same markets. This is most likely​

Accepted Answer

A)  ​copyright infringement. 
B)  ​patent infringement. 
C)  ​trademark infringement. 
D)  ​none of the choices. 
A)  ​copyright infringement. 
B)  ​patent infringement. 
C)  ​trademark infringement. 
D)  ​none of the choices.

Exam 8: Intellectual Property Rights

A trademark must be registered to support a trademark infringement action.​

All aspects of software are protected by copyright law.​

Patent infringement occurs only if all features or parts of a product are copied.​

Louie invents "Market Up," new business inventory control software, and applies for a patent. If Louie is granted a patent, it will protect the product

The process behind the production of "Account Inc.," a suite of business accounting and inventory software, is protected by

A service mark distinguishes products used by those in public service.​

The TRIPS agreement covers computer programs.​

The first person to invent a product obtains the patent rights rather than the first person to file an application for a patent.​

Each member country of the TRIPS agreement must include in its domestic laws intellectual property rights.​

Li'l Canine Company (LCC) uses a trademark that neither LCC nor anyone else has registered with the government. Under federal trademark law, LCC

The theft of trade secrets is a federal crime.​

Edge is a video game featuring interactive extreme sports. The graphics used in the game are protected by

Like most successful companies, Pads & Phones, Inc. (P&P), has trade secrets. The law protects those secrets if

Jon Joans decides to use his personal name for a line of clothing he is developing. Whether or not the name Jon Joans acquires a secondary meaning will depend on​

Gro, Inc., makes genetically modified seeds with properties that are identical to Harvest Corporation's patented seeds, without Harvest's permission. This is most likely

Mace copies Nick's book, Off the Road, in its entirety and sells it to Parkland Books, Inc., without Nick's permission. Parkland publishes it under Mace's name. This is

A trade name cannot be protected if it is unusual.​

An exception to liability for copyright infringement is made under the "fair use" doctrine.​

The Anti-Counterfeiting Trade Agreement applies to pirated, copyrighted works being distributed via the Internet.​

​Sui Generis, Inc. (SGI), designs and sells solar energy cells to research laboratories, commercial businesses, and individual consumers. Later, without SGI's permission, Mimic Company begins to sell cells of identical design to the same markets. This is most likely​

Law and Legal Reasoning

Courts and Alternative Dispute Resolution

Court Procedures

Business and the Constitution

Business Ethics

Tort Law

Strict Liability and Product Liability

Internet Law, Social Media, and Privacy

Criminal Law and Cyber Crime

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration

Capacity and Legality

Mistakes, Fraud, and Voluntary Consent

The Writing Requirement in Our Digital World

Third Party Rights

Performance and Discharge

Breach of Contract and Remedies

The Formation of Sales and Lease Contracts

Title, Risk, and Insurable Interest

Performance and Breach of Sales and Lease Contracts

Warranties

International and Space Law

Negotiable Instruments

Transferability and Holder in Due Course

Liability, Defenses, and Discharge

Banking in the Digital Age

Creditors Rights and Remedies

Secured Transactions

Bankruptcy Law

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Employment, Immigration, and Labor Law

Employment Discrimination

Small Businesses and Franchises

All Forms of Partnerships

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Corporate Formation and Financing

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Investor Protection, Insider Trading, and Corporate Governance

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Consumer Law

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Personal Property and Bailments

Real Property and Landlord-Tenant Law

Insurance

Wills and Trusts

The Legal Environment of Business

Torts and Crimes

Contracts and E-Contracts

Domestic and International Sales and Lease Contracts

Negotiable Instruments

Creditors Rights and Bankruptcy

Agency and Employment

Business Organizations

Government Regulation

A trademark must be registered to support a trademark infringement action.

All aspects of software are protected by copyright law.

Patent infringement occurs only if all features or parts of a product are copied.

A service mark distinguishes products used by those in public service.

The TRIPS agreement covers computer programs.

The first person to invent a product obtains the patent rights rather than the first person to file an application for a patent.

Each member country of the TRIPS agreement must include in its domestic laws intellectual property rights.

The theft of trade secrets is a federal crime.

Jon Joans decides to use his personal name for a line of clothing he is developing. Whether or not the name Jon Joans acquires a secondary meaning will depend on

A trade name cannot be protected if it is unusual.

An exception to liability for copyright infringement is made under the "fair use" doctrine.

The Anti-Counterfeiting Trade Agreement applies to pirated, copyrighted works being distributed via the Internet.

Sui Generis, Inc. (SGI), designs and sells solar energy cells to research laboratories, commercial businesses, and individual consumers. Later, without SGI's permission, Mimic Company begins to sell cells of identical design to the same markets. This is most likely