Exam 10: Contract and Property Law

Co-ownership of property characterized by a right of survivorship is called _______.

Patent and copyright laws are federal rather than state.

What type of property is movable?

Many of the rules under the Uniform Commercial Code (U.C.C.) are written in a way that favors the creation or formation and enforceability of contracts.

Deeds are used to transfer ownership to property.

How long is the term of a federal trademark registration?

Con?fidential information regarding a business or product is called a(n) _______ secret.

The Statute of ______ is a rule requiring that certain types of contracts be evidenced by a writing.

A contract entered into by a minor:

Which of the following indicates a non-ownership interest in real property?

The key feature of joint tenancy is a right of survivorship.

Which of the following does not indicate an ownership interest in real property?

If a tree is cut down and it becomes movable, it is considered real property.

Certain types of intellectual property have fixed duration while other types of intellectual property, such as trademarks and trade secrets, can receive protection indefinitely while still in use and efforts are made to protect the rights. Why do you think that some types of intellectual property have a fixed duration while others have perpetual duration?

To protect intellectual property rights, an own will often enforce one's rights by filing a lawsuit known as a(n) ______action.

The "Golden Arches" is an example of something that is entitled to protection under:

Patent protection is created by filing an application for a patent with the ____________, the federal agency responsible for processing patent applications.

A bilateral contract is one in which both parties have made promises to perform.

Which form of intellectual property is automatically created when the work is created?