Exam 12: The Importance of Intellectual Property

There are four types of trademarks:

________ patents are the most common type of patent and cover what we generally think of as new inventions.

The term of a utility patent is:

Metroleap Media, Inc., places music lyrics on the Internet. The major hurdle that Metroleap Media had to overcome to become a legitimate business was to:

Copyright infringement occurs when one work derives from another or is an exact copy.

According to the textbook, trade secret disputes arise most frequently when:

Computer software is not covered by copyright law.

Which of the following is an example of intellectual property?

The Good Housekeeping Seal of Approval is an example of a(n):

Which of the following is not one of the four key forms of intellectual property protection?

Since the first patent was granted, there have been over ________ patents granted in the United States.

Trade secret disputes arise most frequently when one firm alleges that a trade secret claimed by another firm is common knowledge, and can therefore be used by anyone.

A patent is a grant from the federal government conferring the rights to exclude others from making, selling, or using an invention for the term of the trademark.

Which of the following statements about copyrights is incorrect?

There are two primary reasons to conduct an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual property is being properly protected. The second reason for a company to conduct an intellectual property audit is to: