Question 1

Give an account of the Economic Espionage Act and its importance in combating cyber piracy.

Accepted Answer

Congress enacted the federal Economic Espionage Act (EEA), which makes it a federal crime to steal another's trade secrets.Under the EEA, it is a federal crime for any person to convert a trade secret to his or her benefit or for the benefit of others, knowing or intending that the act would cause injury to the owner of the trade secret.One of the major reasons for the passage of the EEA was to address the ease of stealing trade secrets through computer espionage and using the Internet.Confidential information can be downloaded onto a CD or Flash drive, placed in a pocket, and taken from the legal owner.Computer hackers can crack into a company's computers and steal customer lists, databases, formulas, and other trade secrets.The EEA is a very important weapon in addressing computer and Internet espionage and penalizing those who commit it.The EEA provides for severe criminal penalties.The act imposes prison terms on individuals of up to fifteen years per criminal violation.

Question 2

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

Accepted Answer

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

Question 3

A company slogan is an example of a trademark.

Accepted Answer

A) True 
 B)False  True

Question 4

The trademark symbol "TM" is used to indicate a registered mark.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following accurately describes the fair use doctrine with reference to copyrighted material?

Accepted Answer

A) It stipulates the time period for which a copyright holder can retain his copyright. 
B) It permits certain limited use of a copyright by someone other than the copyright holder without the permission of the copyright holder. 
C) It permits use of copyright material by someone other than the copyright holder at a fixed fee. 
D) It guides the U.S.Copyright Office in determining what works require copyrights based on the works' validity. 
A) It stipulates the time period for which a copyright holder can retain his copyright. 
B) It permits certain limited use of a copyright by someone other than the copyright holder without the permission of the copyright holder. 
C) It permits use of copyright material by someone other than the copyright holder at a fixed fee. 
D) It guides the U.S.Copyright Office in determining what works require copyrights based on the works' validity.

Question 6

Which of the following is a key function of the U.S.Court of Appeals for the Federal Circuit with regards to patents?

Accepted Answer

A) It hears appeals rejected from state courts regarding patent issues. 
B) It accepts applications for new patents. 
C) It helps to enact new patent laws. 
D) It helps to promote uniformity in patent laws. 
A) It hears appeals rejected from state courts regarding patent issues. 
B) It accepts applications for new patents. 
C) It helps to enact new patent laws. 
D) It helps to promote uniformity in patent laws.

Question 7

A ________ is a patent that protects the functionality of a patent.

Accepted Answer

A) method patent 
B) design patent 
C) utility patent 
D) process patent 
A) method patent 
B) design patent 
C) utility patent 
D) process patent

Question 8

Non-patented inventions that have been in public use for over a year can still be patented.

Accepted Answer

A) True 
 B)False

Question 9

Utility patents for inventions are valid for 20 years.

Accepted Answer

A) True 
 B)False

Question 10

________ is any trade name, symbol, word, logo, design, or device used to identify and distinguish goods of a manufacturer or seller or services of a provider from those of other manufacturers, sellers, or providers.

Accepted Answer

A) Trade secret 
B) Trademark 
C) Patent 
D) Copyright 
A) Trade secret 
B) Trademark 
C) Patent 
D) Copyright

Question 11

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

Accepted Answer

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

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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

Question 14

A competitor can lawfully discover a trade secret by performing reverse engineering.

Accepted Answer

A) True 
 B)False

Question 15

________ is a type of trademark dilution where a famous mark is linked to products of inferior quality or is portrayed in an unflattering, immoral, or reprehensible context likely to evoke negative beliefs about the mark's owner.

Accepted Answer

A) Blurring 
B) Tarnishment 
C) Trolling 
D) Astroturfing 
A) Blurring 
B) Tarnishment 
C) Trolling 
D) Astroturfing

Question 16

If a competitor reverse engineers a trade secret, then the competitor is ________.

Accepted Answer

A) allowed to use the trade secret but not the original trademark 
B) rightfully allowed co-ownership to the trade secret and its original trade mark 
C) not allowed to gain commercially from the trade secret 
D) obliged to inform the original owner of the trade secret 
A) allowed to use the trade secret but not the original trademark 
B) rightfully allowed co-ownership to the trade secret and its original trade mark 
C) not allowed to gain commercially from the trade secret 
D) obliged to inform the original owner of the trade secret

Question 17

Trademarks that have become generic names are protected under federal trademark law.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following statements is true of the patent period in the United States?

Accepted Answer

A) It follows the first-to-file rule. 
B) The patent period for an invention is 17 years. 
C) The patent term begins to run from the date the patent application is filed. 
D) The patent term begins to run from the date the patent is issued. 
A) It follows the first-to-file rule. 
B) The patent period for an invention is 17 years. 
C) The patent term begins to run from the date the patent application is filed. 
D) The patent term begins to run from the date the patent is issued.

Question 19

How is a copyright different from a patent?

Accepted Answer

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

Question 20

What is the period of copyright protection provided for individuals under the Sonny Bono Copyright Term Extension Act of 1998?

Accepted Answer

A) Individuals are granted 120 years copyright protection from the year of creation of the work. 
B) Individuals are granted 95 years copyright protection from the year of first publication of the work. 
C) Individuals are granted copyright protection for their lifetime plus 70 years. 
D) Individuals are granted 20 years of copyright protection, after which it has to be renewed for a fee. 
A) Individuals are granted 120 years copyright protection from the year of creation of the work. 
B) Individuals are granted 95 years copyright protection from the year of first publication of the work. 
C) Individuals are granted copyright protection for their lifetime plus 70 years. 
D) Individuals are granted 20 years of copyright protection, after which it has to be renewed for a fee.

Exam 7: Intellectual Property and Cyber Piracy

Give an account of the Economic Espionage Act and its importance in combating cyber piracy.

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

A company slogan is an example of a trademark.

The trademark symbol "TM" is used to indicate a registered mark.

Which of the following accurately describes the fair use doctrine with reference to copyrighted material?

Which of the following is a key function of the U.S.Court of Appeals for the Federal Circuit with regards to patents?

A ________ is a patent that protects the functionality of a patent.

Non-patented inventions that have been in public use for over a year can still be patented.

Utility patents for inventions are valid for 20 years.

________ is any trade name, symbol, word, logo, design, or device used to identify and distinguish goods of a manufacturer or seller or services of a provider from those of other manufacturers, sellers, or providers.

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

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

A competitor can lawfully discover a trade secret by performing reverse engineering.

________ is a type of trademark dilution where a famous mark is linked to products of inferior quality or is portrayed in an unflattering, immoral, or reprehensible context likely to evoke negative beliefs about the mark's owner.

If a competitor reverse engineers a trade secret, then the competitor is ________.

Trademarks that have become generic names are protected under federal trademark law.

Which of the following statements is true of the patent period in the United States?

How is a copyright different from a patent?

What is the period of copyright protection provided for individuals under the Sonny Bono Copyright Term Extension Act of 1998?

Legal Heritage and the Digital Age

Courts and Jurisdiction

Judicial,Alternative,and E-Dispute Resolution

Constitutional Law for Business and E-Commerce

Intentional Torts and Negligence

Product and Strict 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

E-Commerce and Digital Law

Formation of Sales and Lease Contracts

Title to Goods and Risk of Loss

Remedies for Breach of Sales and Lease Contracts

Warranties

Creation of Negotiable Instruments

Holder in Due Course and Transferability

Liability, Defenses, and Discharge

Banks, E-Money, and Financial Reform

Credit,Mortgages,and Debtor's Rights

Secured Transactions and E-Filing

Bankruptcy and Reorganization

Agency Formation and Termination

Liability of Principals, Agents, and Independent Contractors

Employment, Worker Protection, and Immigration Law

Labor Law and Collective Bargaining

Equal Opportunity in Employment

Small Business, Entrepreneurship, and General Partnerships

Limited Partnerships and Special 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 Businesses

Investor Protection, E-Securities, and Wall Street Reform

Ethics and Social Responsibility of Business

Administrative Law and Regulatory Agencies

Consumer Protection and Product Safety

Environmental Protection

Antitrust Law and Unfair Trade Practices

Personal Property and Bailment

Real Property

Landlord-Tenant Law and Land Use Regulation

Insurance

Accountants' Duties and Liability

Wills Trusts and Estates

Family Law

International and World Trade Law

Filters