Question 1

Under U.S.copyright law,an author's moral rights are not protected.

Accepted Answer

A) True 
 B)False

Question 2

A field of use limitation in a licensing agreement restricts the licensee's ability to market in certain geographical areas.

Accepted Answer

A) True 
 B)False

Question 3

Under The Companies Act,only private parties who may "reasonably anticipate" a substantial pecuniary return on an investment must register with the government

Accepted Answer

A) True 
 B)False

Question 4

The European Union has both a common multinational patent application process as well as the individual country processes.

Accepted Answer

A) True 
 B)False

Question 5

Both the Berne Convention and the Paris Convention require signatory countries to enact certain minimum substantive laws.

Accepted Answer

A) True 
 B)False

Question 6

The importation of foreign-made trademarked merchandise into the U.S.for sale in competition with the U.S.trademark owner's own merchandise made in the U.S.is referred to as:

Accepted Answer

A)  Copycat competition. 
B)  Gray marketing. 
C)  Reverse trade advantage. 
D)  Black marketing. 
A)  Copycat competition. 
B)  Gray marketing. 
C)  Reverse trade advantage. 
D)  Black marketing.

Question 7

Naked licensing results in abandonment of rights in a trademark.

Accepted Answer

A) True 
 B)False

Question 8

TRIPS requires every member of the World Trade Organization to:

Accepted Answer

A)  Abide by the Paris Convention. 
B)  Abide by the Berne Convention. 
C)  Apply national treatment to foreign owners of intellectual property rights. 
D)  Provide patent protection for processes. 
E)  All of the above. 
A)  Abide by the Paris Convention. 
B)  Abide by the Berne Convention. 
C)  Apply national treatment to foreign owners of intellectual property rights. 
D)  Provide patent protection for processes. 
E)  All of the above.

Question 9

Create the structure or standards for an on-line international dispute resolution forum handling IPR issues.

Accepted Answer

Creating a structure or standards for an

Question 10

It is fairly common for IPR licensors to put geographic and field-of-use limitations on licensees.

Accepted Answer

A) True 
 B)False

Question 11

Restrictions written into the franchise agreement must be strictly adhered to regardless of the effects it may have on the competitive potential of the franchisee in the host country.

Accepted Answer

A) True 
 B)False

Question 12

Compare and contrast the risks of international licensing to a company versus those associated with trading goods.

Accepted Answer

When a company engages in international

Question 13

The European Union's Commission has jurisdiction over franchise agreements operating in its member countries.

Accepted Answer

A) True 
 B)False

Question 14

A single multinational application process is available for protecting intellectual property in:

Accepted Answer

A)  In the U.S., Canada, and Mexico. 
B)  In the Eastern European countries. 
C)  In countries that are member of the Asian Patent Protection Treaty. 
D)  In the European Union. 
E)  All of the above. 
A)  In the U.S., Canada, and Mexico. 
B)  In the Eastern European countries. 
C)  In countries that are member of the Asian Patent Protection Treaty. 
D)  In the European Union. 
E)  All of the above.

Question 15

Among the recent legal and technological issues reported in the WIPO magazine available on-line,which do you believe are the most important for the U.S.? Assess their relative importance to other countries.

Accepted Answer

Among the recent legal and technological

Question 16

When it seems likely that a licensee may develop improvements in the licensed technology,a licensor may wish to include a ____ in the license agreement.

Accepted Answer

A)  Grant back provision. 
B)  Field use provision. 
C)  Technology transfer. 
D)  Promise of confidentiality. 
A)  Grant back provision. 
B)  Field use provision. 
C)  Technology transfer. 
D)  Promise of confidentiality.

Question 17

Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area.

Accepted Answer

A) True 
 B)False

Question 18

The patent protection treaty that gives a trademark holder in any signatory country a twelve-month period of priority within which to make similar applications in other signatory countries is known as:

Accepted Answer

A)  The Patent Cooperation Treaty. 
B)  The International Convention for the Protection of Industrial Property. 
C)  The International Intellectual Property Treaty. 
D)  The Uniform Copyright Convention. 
A)  The Patent Cooperation Treaty. 
B)  The International Convention for the Protection of Industrial Property. 
C)  The International Intellectual Property Treaty. 
D)  The Uniform Copyright Convention.

Question 19

The three types of regulatory schemes for transfer agreements that exist include all but which of the following:

Accepted Answer

A)  Preapproval. 
B)  Notification/registration. 
C)  No regulation. 
D)  All are types of regulatory schemes. 
A)  Preapproval. 
B)  Notification/registration. 
C)  No regulation. 
D)  All are types of regulatory schemes.

Question 20

U.S.courts have been reluctant to restrict gray market competition in situations where the product's quality being introduced to the home market is indistinguishable from its native counterpart.

Accepted Answer

A) True 
 B)False

Exam 17: Licensing Agreements and the Protection of Intellectual Property Rights

Under U.S.copyright law,an author's moral rights are not protected.

A field of use limitation in a licensing agreement restricts the licensee's ability to market in certain geographical areas.

Under The Companies Act,only private parties who may "reasonably anticipate" a substantial pecuniary return on an investment must register with the government

The European Union has both a common multinational patent application process as well as the individual country processes.

Both the Berne Convention and the Paris Convention require signatory countries to enact certain minimum substantive laws.

The importation of foreign-made trademarked merchandise into the U.S.for sale in competition with the U.S.trademark owner's own merchandise made in the U.S.is referred to as:

Naked licensing results in abandonment of rights in a trademark.

TRIPS requires every member of the World Trade Organization to:

Create the structure or standards for an on-line international dispute resolution forum handling IPR issues.

It is fairly common for IPR licensors to put geographic and field-of-use limitations on licensees.

Restrictions written into the franchise agreement must be strictly adhered to regardless of the effects it may have on the competitive potential of the franchisee in the host country.

Compare and contrast the risks of international licensing to a company versus those associated with trading goods.

The European Union's Commission has jurisdiction over franchise agreements operating in its member countries.

A single multinational application process is available for protecting intellectual property in:

Among the recent legal and technological issues reported in the WIPO magazine available on-line,which do you believe are the most important for the U.S.? Assess their relative importance to other countries.

When it seems likely that a licensee may develop improvements in the licensed technology,a licensor may wish to include a ____ in the license agreement.

Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area.

The patent protection treaty that gives a trademark holder in any signatory country a twelve-month period of priority within which to make similar applications in other signatory countries is known as:

The three types of regulatory schemes for transfer agreements that exist include all but which of the following:

U.S.courts have been reluctant to restrict gray market competition in situations where the product's quality being introduced to the home market is indistinguishable from its native counterpart.

Introduction to International Business

International Law and the Worlds Legal Systems

Resolving International Commercial Disputes

Sales Contracts and Excuses for Nonperformance

The Documentary Sale and Terms of Trade

The Carriage of Goods and the Liability of Air and Sea Carriers

Bank Collections, Trade Finance, and Letters of Credit

National Lawmaking Powers and the Regulation of Ustrade

Gatt Law and the World Trade Organization: Basic Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports, Customs, and Tariff Law

The Regulation of Exports

North American Free Trade Law

The European Union and Other Regional Trade Areas

International Marketing Law: Sales Representatives, Advertising, and Ethical Issues

Takings and National Controls on Foreign Direct Investment

Labor and Employment Discrimination Law

Environmental Law

Regulating the Competitive Environment

Filters