Exam 40: Intellectual Property

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Goods bearing a counterfeit mark may be destroyed without compensation to the owner of the goods.

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How long does a copyright last?

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Kartov Corporation is in the business of developing pharmaceutical products.It uses a number of highly technical secret processes in its business.Martin worked for the company for five years and then left after an argument with one of the vice presidents of the company.He then went to work for one of Kartov's competitors, which has begun to market similar products that seem to have been produced using the secret processes developed and used by Kartov.What, if any, recourse does Kartov have under the circumstances?

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A patent would be appropriate in all but which one of the following cases?

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The designation "TM" or "SM" cannot be used until and unless the mark is registered.

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Two years of nonuse raises a presumption of abandonment and loss of a federally protected trademark.

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The Wal-Mart Stores, Inc.v.Samara Brothers, Inc.case involved which of the following?

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Nature's Finest, Inc.develops a fruit juice bottle design and label with distinctive shades of orange, red, and green.Only the company's name and not the appearance of its product can be a trademark.

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Discuss the concept of fair use in relation to copyright law.

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Some businesses choose not to obtain a patent because it provides protection for only a limited time.

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In most cases, copyright protection lasts for the period of a person's life plus an additional seventy years.

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Trade secret law protects a trade secret for renewable 20-year terms.

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A design patent:

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Trade symbols would include which of the following?

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A collective mark is used in connection with goods or services to certify their regional origin.

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Design patents grant the holder a 14-year monopoly.

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A statutorily secured monopoly right that is issued to inventors or discoverers of useful new devices or processes is known as a:

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A patent lasts for the same period of time as a copyright.

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The international treaty to which the United States is a party and which protects copyrighted works is known as the:

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Unlike other types of intellectual property, which are primarily protected under state law, trade secrets historically have been protected by federal law.

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