Exam 9: Intellectual Property

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The owners of trademarks often know there are counterfeit goods being sold with real-looking trademarks.To obtain relief the mark owners often:

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In Nystrom v.Trex Company,where Nystrom sued Trex Company for copyright infringement on his patented flooring boards,the appeals court held that:

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The Copyright Act allows fair use of copyrighted material in which of the following:

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Counterfeiting of trademarks causes companies to lose money and reputation.

(True/False)
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Originality and novelty are key conditions for an invention:

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A patent can be issued in the U.S.even if the invention is known outside of the U.S. ,so long as the party applying for the patent in the U.S.is the first to apply for it in the U.S.since patent protection is domestic.

(True/False)
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Which of the following can be patented in the United States,but not in Europe:

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A _______________ is any word,symbol,device,or any combination of these that is used,or intended to be used,in commerce to certify regional or other geographic origin.

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A copyright gives the owner the right to prepare derivative works from the original.

(True/False)
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The benefit or advantage of having an established business and secured customers is:

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Patents may be granted for compositions of matter.

(True/False)
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Approximately what percentage of patent applications are approved:

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The International Silk Association uses the motto "Only silk is silk." That is a:

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Which of the following is a drawback to patents:

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Goods may be sold that imitate a trademark so long as they are identified as not genuine;that is,they are not "passed off" as if the original thing.

(True/False)
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The fair use rule allows us to use some copyrighted works without prior permission,and without paying royalties.

(True/False)
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Infringement is:

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Under the common law trade name protection belongs to:

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In Nystrom v.Trex Company,where Nystrom sued Trex Company for copyright infringement on his patented flooring boards,the appeals court held that:

(Multiple Choice)
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When a firm has a positive reputation,it is an asset that increases the value of an organization when it is sold.It falls into the category of goodwill.

(True/False)
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