Question 1

Which statement best describes the law of licensing?

Accepted Answer

A)  A licence must be registered in order to be enforceable. 
B)  Failure to utilize a licence in a timely manner will result in its forfeiture. 
C)  All intellectual property rights are capable of being licensed. 
D)  A licence involves an exchange of ownership from licensor to licensee. 
A)  A licence must be registered in order to be enforceable. 
B)  Failure to utilize a licence in a timely manner will result in its forfeiture. 
C)  All intellectual property rights are capable of being licensed. 
D)  A licence involves an exchange of ownership from licensor to licensee.

Question 2

Although the Canadian Patent Office guidelines state that business methods are not automatically excluded from protection,some business methods are deemed unpatentable for policy reasons.

Accepted Answer

A) True 
 B)False

Question 3

The patent regime is based on a first to file system.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following would immediately bar the registration of an industrial design?

Accepted Answer

A)  payment for the application by another 
B)  novel application of a disclosed design 
C)  disclosure or use in the previous 15 months 
D)  established design with novel application 
A)  payment for the application by another 
B)  novel application of a disclosed design 
C)  disclosure or use in the previous 15 months 
D)  established design with novel application

Question 5

DMB Ballistics Inc.invented a new compound for sheathing bullets and has been displaying and advertising its newly invented compound at trade shows across North America for the past two years.Why might DMB's patent application be unsuccessful?

Accepted Answer

A)  because items made of naturally occurring materials such as metals cannot be patented 
B)  because its invention has already been disclosed publicly 
C)  because bullets are not a "new" invention 
D)  because the invention is a chemical compound 
A)  because items made of naturally occurring materials such as metals cannot be patented 
B)  because its invention has already been disclosed publicly 
C)  because bullets are not a "new" invention 
D)  because the invention is a chemical compound

Question 6

The trademark office has included EcoGrow Corp.'s trademark in its journal publication.Which statement best describes the outcome of this inclusion?

Accepted Answer

A)  EcoGrow Corp.will now have exclusive right to use the trademark. 
B)  The trademark application can still be opposed by a member of the public who claims prior use. 
C)  EcoGrow Corp.will now have priority to use the trademark over prior users of the trademark. 
D)  All of the procedures necessary to complete the registration process have been satisfied. 
A)  EcoGrow Corp.will now have exclusive right to use the trademark. 
B)  The trademark application can still be opposed by a member of the public who claims prior use. 
C)  EcoGrow Corp.will now have priority to use the trademark over prior users of the trademark. 
D)  All of the procedures necessary to complete the registration process have been satisfied.

Question 7

Ownership of a trademark is established by establishing or inventing it.

Accepted Answer

A) True 
 B)False

Question 8

What was a consequence of amendments made in 2014 to the Trade marks Act?

Accepted Answer

A)  All trademarks must now be registered to qualify for protection. 
B)  Proof of use is now a requirement for trademark enforceability. 
C)  It is no longer possible to trademark a colour. 
D)  The period of protection was reduced from 15 to 10 years. 
A)  All trademarks must now be registered to qualify for protection. 
B)  Proof of use is now a requirement for trademark enforceability. 
C)  It is no longer possible to trademark a colour. 
D)  The period of protection was reduced from 15 to 10 years.

Question 9

How does confidential business information maintain the protection of the law?

Accepted Answer

A)  by registration 
B)  by fixation 
C)  by efforts to keep it secret 
D)  by use 
A)  by registration 
B)  by fixation 
C)  by efforts to keep it secret 
D)  by use

Question 10

A patent gives the inventor the right to exclude others from making,selling,or using the invention to which the patent relates for a period of 20 years from the date of filing the application.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is NOT patentable?

Accepted Answer

A)  computer program 
B)  computer hardware 
C)  chemical compound 
D)  pay per use billing system 
A)  computer program 
B)  computer hardware 
C)  chemical compound 
D)  pay per use billing system

Question 12

Which of the following is NOT a category of intellectual property?

Accepted Answer

A)  patents 
B)  industrial design 
C)  an idea 
D)  copyright 
A)  patents 
B)  industrial design 
C)  an idea 
D)  copyright

Question 13

With which of the following is the phrase "do what it purports to do" synonymous with respect to intellectual property law?

Accepted Answer

A)  the need to establish utility for patentability 
B)  the need to establish utility for trademark approval 
C)  the need for novelty for trademark registration 
D)  the need for commercial value for patentability 
A)  the need to establish utility for patentability 
B)  the need to establish utility for trademark approval 
C)  the need for novelty for trademark registration 
D)  the need for commercial value for patentability

Exam 18: Intellectual Property

Which statement best describes the law of licensing?

Although the Canadian Patent Office guidelines state that business methods are not automatically excluded from protection,some business methods are deemed unpatentable for policy reasons.

The patent regime is based on a first to file system.

Which of the following would immediately bar the registration of an industrial design?

DMB Ballistics Inc.invented a new compound for sheathing bullets and has been displaying and advertising its newly invented compound at trade shows across North America for the past two years.Why might DMB's patent application be unsuccessful?

The trademark office has included EcoGrow Corp.'s trademark in its journal publication.Which statement best describes the outcome of this inclusion?

Ownership of a trademark is established by establishing or inventing it.

What was a consequence of amendments made in 2014 to the Trade marks Act?

How does confidential business information maintain the protection of the law?

A patent gives the inventor the right to exclude others from making,selling,or using the invention to which the patent relates for a period of 20 years from the date of filing the application.

Which of the following is NOT patentable?

Which of the following is NOT a category of intellectual property?

With which of the following is the phrase "do what it purports to do" synonymous with respect to intellectual property law?

Knowledge of Law As a Business Asset

The Canadian Legal System

Managing Legal Risks

Dispute Resolution

An Introduction to Contracts

Forming Contractual Relationships

The Terms of a Contract

Non-Enforcement of Contracts

Termination and Enforcement of Contracts

Introduction to Tort Law

The Tort of Negligence

Other Torts

The Agency Relationship

Business Forms and Arrangements

The Corporate Form: Organizational Matters

The Corporate Form: Operational Matters

Introduction to Property Law

Real Property

The Employment Relationship

Terminating the Employment Relationship

Professional Services

The Sale of Goods

Consumer Protection and Competition Law

Business and Banking

The Legal Aspects of Credit

Bankruptcy and Insolvency

Insurance

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