Question 1

In a dilution lawsuit, the plaintiff needs to show proof of actual harm suffered in order to win the lawsuit.

Accepted Answer

A) True 
 B)False  False

Question 2

A closely guarded formula for a recipe protected by a soft drink manufacturer would be considered as an example of a ________.

Accepted Answer

A)   trade secret
B)   copyright
C)   patent
D)   trademark A

Question 3

The trademark symbol "SM" is used to indicate a mark associated with a product.

Accepted Answer

A) True 
 B)False  False

Question 4

A party that does not register its brand name has no legal right over it.

Accepted Answer

A) True 
 B)False

Question 5

How is a copyright different from a patent?

Accepted Answer

A)   Patents fall under the federal law, while copyrights fall under state law.
B)   Copyrights should be novel, and useful, while patents need not be so.
C)   Copyrights are applied for inventions, while a patent is applied for tangible writings.
D)   Patents have a limited term period, while copyrights carry lifelong terms.

Question 6

Improvements to existing machines, processes, or compositions of matter cannot be patented.

Accepted Answer

A) True 
 B)False

Question 7

A(n)________ mark confirms that a seller of a product or service has met certain geographical location requirements, quality standards, material standards, or mode of manufacturing standards established by the owner of the mark.

Accepted Answer

The answer of A(n)________ mark confirms that a seller of...

Question 8

The fair use doctrine for copyrights allows certain limited unauthorized use of copyrighted materials.

Accepted Answer

A) True 
 B)False

Question 9

Utility patents for inventions are valid for the whole of the inventor's life and 70 years after that.

Accepted Answer

A) True 
 B)False

Question 10

In terms of copyright law, the use of copyrighted material in a satire or parody would be an example of ________.

Accepted Answer

A)   piracy
B)   copyright sharing
C)   application of fair use doctrine
D)   copyright infringement

Question 11

John Crichton had applied for a trademark logo at the U.S. Patent and Trademark Office for his new startup company, stating that he would use the logo in commerce within the next six months. But even after six months he had not yet used the logo. Which of the following recourses does trademark law allow John Crichton so that he can retain his logo till he uses it in commerce?

Accepted Answer

A)   Pay a fine so that the trademark gets registered immediately.
B)   Change the logo slightly, and reapply for the newly altered logo.
C)   Cancel the current application and apply for the same logo again.
D)   Apply for a six-month extension for the logo.

Question 12

A patent can only be claimed for a limited amount of time.

Accepted Answer

A) True 
 B)False

Question 13

What federal statute was enacted by the Congress to protect trade secrets?

Accepted Answer

A)   Sarbanes-Oxley Act
B)   Lanham Act
C)   Telecommunication Act
D)   Economic Espionage Act

Question 14

In the United States, the first person to invent an item or a process is given patent protection over a later inventor who was first to file a patent application.

Accepted Answer

A) True 
 B)False

Question 15

Apart from recovering damages, and recovering profits made by the offender, successful plaintiffs in a misappropriation of a trade secret case can also ________.

Accepted Answer

A)   obtain an injunction prohibiting the offender from divulging the trade secret
B)   ask for transfer of any of the offender's patents to the plaintiff
C)   obtain the offender's trademarks or brand name as payoff
D)   ask to acquire the offender's trade secrets as payoff

Question 16

How do patent laws help an inventor?

Accepted Answer

A)   by helping the inventor guard his patented invention from the public
B)   by providing protection for patented inventions from infringement
C)   by helping the inventor meet potential buyers for his patented inventions
D)   by letting the inventor keep his patents indefinitely

Question 17

A utility patent is a patent that may be obtained for the ornamental nonfunctional design of an item.

Accepted Answer

A) True 
 B)False

Question 18

A company slogan is an example of a trademark.

Accepted Answer

A) True 
 B)False

Question 19

Utility patents for inventions are valid for 20 years.

Accepted Answer

A) True 
 B)False

Question 20

After the copyright period runs out, the work enters the public domain.

Accepted Answer

A) True 
 B)False

Exam 8: Intellectual Property and Cyber Piracy

In a dilution lawsuit, the plaintiff needs to show proof of actual harm suffered in order to win the lawsuit.

A closely guarded formula for a recipe protected by a soft drink manufacturer would be considered as an example of a ________.

The trademark symbol "SM" is used to indicate a mark associated with a product.

A party that does not register its brand name has no legal right over it.

How is a copyright different from a patent?

Improvements to existing machines, processes, or compositions of matter cannot be patented.

A(n)________ mark confirms that a seller of a product or service has met certain geographical location requirements, quality standards, material standards, or mode of manufacturing standards established by the owner of the mark.

The fair use doctrine for copyrights allows certain limited unauthorized use of copyrighted materials.

Utility patents for inventions are valid for the whole of the inventor's life and 70 years after that.

In terms of copyright law, the use of copyrighted material in a satire or parody would be an example of ________.

A patent can only be claimed for a limited amount of time.

What federal statute was enacted by the Congress to protect trade secrets?

In the United States, the first person to invent an item or a process is given patent protection over a later inventor who was first to file a patent application.

Apart from recovering damages, and recovering profits made by the offender, successful plaintiffs in a misappropriation of a trade secret case can also ________.

How do patent laws help an inventor?

A utility patent is a patent that may be obtained for the ornamental nonfunctional design of an item.

A company slogan is an example of a trademark.

Utility patents for inventions are valid for 20 years.

After the copyright period runs out, the work enters the public domain.