Question 1

The Semiconductor Chip Protection Act of 1984 created a highly specialized form of intellectual property,called a(n):

Accepted Answer

A)  registered service mask. 
B)  registered mask work. 
C)  registered certification mask. 
D)  registered trade mask. 
A)  registered service mask. 
B)  registered mask work. 
C)  registered certification mask. 
D)  registered trade mask.

Question 2

The defense of __________ is available when a trademark user truthfully uses a competitor's mark to identify the competitor's product for the user's own purposes.

Accepted Answer

A)  nominative use 
B)  competitive use 
C)  genericity 
D)  fair use 
A)  nominative use 
B)  competitive use 
C)  genericity 
D)  fair use

Question 3

Constructive abandonment of a trademark can occur through the trademark lapsing into genericism.

Accepted Answer

A) True 
 B)False

Question 4

An otherwise copyrightable work that is prepared by an employee within the scope of employment,iscalled a(n)__________ and belongs to the __________.

Accepted Answer

A)  a work for hire, employee 
B)  derivative work, employee 
C)  a work for hire, employer 
D)  a derivative work, employer 
A)  a work for hire, employee 
B)  derivative work, employee 
C)  a work for hire, employer 
D)  a derivative work, employer

Question 5

A copyright is a government-granted right to exclude others from making,using,or selling an invention.

Accepted Answer

A) True 
 B)False

Question 6

TheBilski v.Kapposcase referenced in the text,involved a question of whether a business process explaining how buyers and sellers of commodities in the energy market can use hedging to protect against price fluctuations is patentable.How did the U.S.Supreme Court rule?

Accepted Answer

A)  The court ruled that the claimed invention was a patent-eligible process. 
B)  The court ruled that the claimed invention was not a patent-eligible process because it was an abstract idea. 
C)  The court ruled that the claimed invention was not a patent-eligible process because under federal patent law, no business methods may be the subject of patents. 
D)  The court ruled that more information was needed regarding expected profits before a determination could be made as to patentability. 
A)  The court ruled that the claimed invention was a patent-eligible process. 
B)  The court ruled that the claimed invention was not a patent-eligible process because it was an abstract idea. 
C)  The court ruled that the claimed invention was not a patent-eligible process because under federal patent law, no business methods may be the subject of patents. 
D)  The court ruled that more information was needed regarding expected profits before a determination could be made as to patentability.

Question 7

Arbitrary marks are real words whose ordinary meaning has something to do with the color or shape of the trademarked product.

Accepted Answer

A) True 
 B)False

Question 8

Copyright protection does not extend to derivative works.

Accepted Answer

A) True 
 B)False

Question 9

Mandy purchased a business law book and used it during her business law class.She later loaned the book to Steven,and then to Christen.Another student accused her of copyright violation and threatened to report her to the book publisher and also to her school's ethics board.Did Mandy violate the copyright laws?

Accepted Answer

A)  Yes. 
B)  No, because her loans would be covered by the fair use doctrine. 
C)  No, because her loans would be covered under the first sale doctrine. 
D)  No, because her loans would be covered under the equivalency doctrine 
A)  Yes. 
B)  No, because her loans would be covered by the fair use doctrine. 
C)  No, because her loans would be covered under the first sale doctrine. 
D)  No, because her loans would be covered under the equivalency doctrine

The Semiconductor Chip Protection Act of 1984 created a highly specialized form of intellectual property,called a(n):

The defense of __________ is available when a trademark user truthfully uses a competitor's mark to identify the competitor's product for the user's own purposes.

Constructive abandonment of a trademark can occur through the trademark lapsing into genericism.

An otherwise copyrightable work that is prepared by an employee within the scope of employment,iscalled a(n) and belongs to the .

A copyright is a government-granted right to exclude others from making,using,or selling an invention.

TheBilski v.Kapposcase referenced in the text,involved a question of whether a business process explaining how buyers and sellers of commodities in the energy market can use hedging to protect against price fluctuations is patentable.How did the U.S.Supreme Court rule?

Arbitrary marks are real words whose ordinary meaning has something to do with the color or shape of the trademarked product.

Copyright protection does not extend to derivative works.

Law, Value Creation, and Risk Management.

Ethics and the Law.

Sources of Law, Courts, and Dispute Resolution.

Constitutional Bases for Business Regulation.

Agency.

Administrative Law.

Contracts.

Sales, Licensing, and E-Commerce.

Torts and Privacy Protection.

Product Liability.

The Employment Agreement.

Civil Rights and Employment Discrimination.

Criminal Law.

Environmental Law and Sustainability.

Antitrust.

Consumer Protection.

Real Property and Land Use.

Forms of Business Organizations.

Directors, Officers, and Controlling Shareholders.

Public and Private Offerings of Securities.

Securities Fraud and Insider Trading.

Debtor-Creditor Relations and Bankruptcy.

International Law and Transactions.

Filters

Exam 11: Intellectual Property.

The Semiconductor Chip Protection Act of 1984 created a highly specialized form of intellectual property,called a(n):

The defense of __________ is available when a trademark user truthfully uses a competitor's mark to identify the competitor's product for the user's own purposes.

Constructive abandonment of a trademark can occur through the trademark lapsing into genericism.

An otherwise copyrightable work that is prepared by an employee within the scope of employment,iscalled a(n)__________ and belongs to the __________.

A copyright is a government-granted right to exclude others from making,using,or selling an invention.

TheBilski v.Kapposcase referenced in the text,involved a question of whether a business process explaining how buyers and sellers of commodities in the energy market can use hedging to protect against price fluctuations is patentable.How did the U.S.Supreme Court rule?

Arbitrary marks are real words whose ordinary meaning has something to do with the color or shape of the trademarked product.

Copyright protection does not extend to derivative works.

Law, Value Creation, and Risk Management.

Ethics and the Law.

Sources of Law, Courts, and Dispute Resolution.

Constitutional Bases for Business Regulation.

Agency.

Administrative Law.

Contracts.

Sales, Licensing, and E-Commerce.

Torts and Privacy Protection.

Product Liability.

The Employment Agreement.

Civil Rights and Employment Discrimination.

Criminal Law.

Environmental Law and Sustainability.

Antitrust.

Consumer Protection.

Real Property and Land Use.

Forms of Business Organizations.

Directors, Officers, and Controlling Shareholders.

Public and Private Offerings of Securities.

Securities Fraud and Insider Trading.

Debtor-Creditor Relations and Bankruptcy.

International Law and Transactions.

Filters

An otherwise copyrightable work that is prepared by an employee within the scope of employment,iscalled a(n) and belongs to the .