Exam 6: Intellectual Property and Other Legal Issues for the Entrepreneur

When resources are limited,the entrepreneur can offer a lawyer stock in exchange for legal services.

Once accepted,the trademark is published in the Trademark Official Gazette to allow any party 90 days to oppose or request an extension to oppose.

Which of the following statements is(are)not true?

Copying a product and improving it is not patent infringement.

Copyright law does not apply to music,especially when downloaded from the Internet.

A trademark is a distinguishing word,name,or symbol used to identify a product.

A copyright can be used to protect sculptures or blueprints.

Identify and describe the three different types of patents.

The _______ was established to facilitate patent filings in multiple countries.

A provisional patent application can be used to establish the date of conception of the invention.

A trade secret is protected by state law.

The three major parts of a patent application are the introduction,description and warranty sections.

Trade secrets can be protected for:

Authors or publishers of software are protected under:

To file for trademark protection only intent to use is necessary.

Health insurance premiums are less expensive if there is a large group of insured participants.

Copyrights are registered with:

Getting a trademark typically takes 2 years.

What type of agreement must always be in writing in order to be a legally binding contract?

A patent is a contract between the government and an inventor.