Exam 15: Contracts and Intellectual Property Law

Contracts for the sale of goods are governed by which of the following?

Article 2 of the UCC does not deal with the sale of

Contracts involving interests in land are normally required to be in writing under which of the following?

Jake is twelve years old when he enters into a contract with Germaine, who is twenty-five years old. Jake is

Statutory damages for copyright infringement under the Copyright Act will not exceed which amount?

Patents, trademarks, and copyrights are examples of which of the following?

Alice is sixteen years old when she enters into a contract with Eric, who is twenty-one years old, to sell her car to him for $10,000. Alice and Eric's contract is

The parties to a contract may specify a reasonable amount to be paid in the event of a future breach of the contract, which is called______ damages.

Impossibility of performance will not occur if

A___ is a term that is used to indicate part or all of a business's name and that is directly related to the business's reputation and goodwill.

Describe how online offers can be made and accepted.

In general, the terms of the offer must be______ so that the parties and the court can determine the terms of the contract.

Sal buys a farm from her lifelong friend, Fred. She pays $12,000 per year for fifteen years. She trusts Fred, so she does not put the deal in writing. Ten years later, Fred sells the same property to Nell (on a written contract), who evicts Sal. Sal sues Fred. Why won't a court enforce the contract between Sal and Fred?

The government grant that gives an inventor the exclusive right or privilege to make, use, or sell his or her invention for a limited period of time is called a

What is a trade secret? How long does it have protection? How do businesses protect their trade secrets with respect to their own employees?

A party who in good faith performs substantially all of the terms of a contract can usually enforce the contract against the other party under the doctrine of

Impossibility of performance may occur if

A(n)______ is something of value, such as money or the performance of an action not otherwise required, that is exchanged during the contract process.

Courtney gives an oral promise to Jeremy concerning the goods she is selling him. Her oral promise is which of the following?

Describe the federal E-SIGN Act. What are some of the documents that it does or does not apply to? How has it affected online contracting?