Question 1

A copyright registration certificate is issued to the copyright holder.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following intellectual properties is protected by the Lanham Act?

Accepted Answer

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

Question 3

A generic name is a term for a mark that has become a common term for a product line or type of service and therefore has lost its trademark protection.

Accepted Answer

A) True 
 B)False

Question 4

A(n)________ is a term for a mark that has become a common term for a product line or type of service and therefore has lost its trademark protection.

Accepted Answer

A)  service mark 
B)  orphan work 
C)  generic name 
D)  hallmark 
A)  service mark 
B)  orphan work 
C)  generic name 
D)  hallmark

Question 5

Words that are descriptive but have no secondary meaning can be trademarked.

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

________ of a trade secret arises when one party has unlawfully acquired a trade secret through bribery or industrial espionage.

Accepted Answer

A)  Reverse engineering 
B)  Misappropriation 
C)  Tarnishment 
D)  Blurring 
A)  Reverse engineering 
B)  Misappropriation 
C)  Tarnishment 
D)  Blurring

Question 8

Which of the following types of patents is valid only for a period of fourteen years?

Accepted Answer

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

Question 9

A trade secret is a product formula,pattern,or design of a company that the company publishes openly to the market.

Accepted Answer

A) True 
 B)False

Question 10

Describe the fair use doctrine and analyze the ambiguities that arise due to its content.

Accepted Answer

The fair use doctrine permits certain li

Question 11

Which of the following is true of patents?

Accepted Answer

A)  For an invention to be patented, it has to be novel, useful, and obvious. 
B)  A patent number is assigned to a patent that is granted. 
C)  Patents last for an indefinite period of time and are the sole property of the inventor. 
D)  The patent term for a given patent begins to run from the date the patent is granted. 
A)  For an invention to be patented, it has to be novel, useful, and obvious. 
B)  A patent number is assigned to a patent that is granted. 
C)  Patents last for an indefinite period of time and are the sole property of the inventor. 
D)  The patent term for a given patent begins to run from the date the patent is granted.

Question 12

A competitor can lawfully use a rival's trade secret if the competitor got the trade secret by means of ________.

Accepted Answer

A)  economic sabotage 
B)  reverse engineering 
C)  industrial espionage 
D)  misappropriation 
A)  economic sabotage 
B)  reverse engineering 
C)  industrial espionage 
D)  misappropriation

Question 13

Which of the following is suitable for copyrighting?

Accepted Answer

A)  buildings 
B)  musical compositions 
C)  tacit business methods 
D)  product logos 
A)  buildings 
B)  musical compositions 
C)  tacit business methods 
D)  product logos

Question 14

The words "patent pending" are placed on a prospective patent when the patent application is ________.

Accepted Answer

A)  assigned a patent number and its validity is verified 
B)  approved and the patent is granted 
C)  filed but the patent has not yet been issued 
D)  rejected and the patent is denied 
A)  assigned a patent number and its validity is verified 
B)  approved and the patent is granted 
C)  filed but the patent has not yet been issued 
D)  rejected and the patent is denied

Question 15

Under the fair use doctrine,a comedy television show is allowed to perform parodies and satires involving famous celebrities.

Accepted Answer

A) True 
 B)False

Question 16

Utility patents for inventions are valid for 5 years.

Accepted Answer

A) True 
 B)False

Question 17

State patent law is exclusive;there are no federal patent laws.

Accepted Answer

A) True 
 B)False

Question 18

The No Electronic Theft Act permits copyright holders to sue violators in a civil lawsuit and recover monetary damages for works infringed.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is true of the registration of copyrights?

Accepted Answer

A)  Registered works are not covered under the Copyright Term Extension Act of 1998. 
B)  Registration permits a holder to obtain statutory damages for copyright infringement. 
C)  Only published works can be registered at the U.S. Copyright Office. 
D)  All registered copyright materials must mandatorily place the word "copyright" on their copyrighted works. 
A)  Registered works are not covered under the Copyright Term Extension Act of 1998. 
B)  Registration permits a holder to obtain statutory damages for copyright infringement. 
C)  Only published works can be registered at the U.S. Copyright Office. 
D)  All registered copyright materials must mandatorily place the word "copyright" on their copyrighted works.

Question 20

Intangible writings are subject to copyright registration and protection.

Accepted Answer

A) True 
 B)False

Exam 7: Intellectual Property and Cyber Piracy

A copyright registration certificate is issued to the copyright holder.

Which of the following intellectual properties is protected by the Lanham Act?

A generic name is a term for a mark that has become a common term for a product line or type of service and therefore has lost its trademark protection.

A(n)________ is a term for a mark that has become a common term for a product line or type of service and therefore has lost its trademark protection.

Words that are descriptive but have no secondary meaning can be trademarked.

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

________ of a trade secret arises when one party has unlawfully acquired a trade secret through bribery or industrial espionage.

Which of the following types of patents is valid only for a period of fourteen years?

A trade secret is a product formula,pattern,or design of a company that the company publishes openly to the market.

Describe the fair use doctrine and analyze the ambiguities that arise due to its content.

Which of the following is true of patents?

A competitor can lawfully use a rival's trade secret if the competitor got the trade secret by means of ________.

Which of the following is suitable for copyrighting?

The words "patent pending" are placed on a prospective patent when the patent application is ________.

Under the fair use doctrine,a comedy television show is allowed to perform parodies and satires involving famous celebrities.

Utility patents for inventions are valid for 5 years.

State patent law is exclusive;there are no federal patent laws.

The No Electronic Theft Act permits copyright holders to sue violators in a civil lawsuit and recover monetary damages for works infringed.

Which of the following is true of the registration of copyrights?

Intangible writings are subject to copyright registration and protection.

Legal Heritage and the Digital Age

Constitutional Law for Business and E-commerce

Courts and Jurisdiction

Judicial Alternative Administrative and E-Dispute Resolution

Intentional Torts and Negligence

Criminal Law and Cyber Crimes

Ethics and Social Responsibility of Business

Nature of Traditional and E-Contracts

Agreement and Consideration

Capacity and Legality

Genuineness of Assent and Statute of Frauds

Third-Party Rights and Discharge

Breach of Contract and Remedies

Digital Law and E-Commerce

Formation of Sales and Lease Contracts

Title to Goods and Risk of Loss

Remedies for Breach of Sales and Lease Contracts

Warranties and Product Liability

Creation and Transfer of Negotiable Instruments

Holder in Due Course and Liability of Parties

Banking System and Electronic Financial Transactions

Credit, Real Property Financing, and Secured Transactions

Bankruptcy and Reorganization

Agency law

Small Business, Entrepreneurship, and Partnerships

Corporate Formation and Financing

Corporate Governance and the Sarbanes-Oxley Act

Corporate Acquisitions and Multinational Corporations

Limited Liability Companies and Limited Liability Partnerships

Franchise and Special Forms of Business

Investor Protection, E-Securities, and Wall Street Reform

Antitrust Law and Unfair Trade Practices

Consumer Safety and Environmental Protection

Labor, Worker Protection, and Immigration Laws

Equal Opportunity in Employment

Personal Property, Bailment, and Insurance

Real Property, Landlord-Tenant Law, and Land Use Regulation

Family Law, Wills, and Trusts

Accountants' Duties and Liability

International and World Trade Law

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