Deck 9: Intellectual Property

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Question
A collective mark is a mark used exclusively by a licensee or franchisee to indicate that a product meets certain standards.
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Question
A copyright gives its owner the right to prevent others from using the idea or the knowledge contained in the copyrighted work.
Question
The right of an author to prohibit others from tampering with a copyrighted work is called the right of performance.
Question
A franchise in which the franchisee sells products it manufactures from a formula or from ingredients provided by the franchisor is called chain-style business.
Question
A patent is an incorporeal statutory right that gives an inventor, for a limited period, the exclusive right to use or sell a patented product or to use a patented method or process.
Question
Inventions and trademarks are types of artistic property.
Question
The World Intellectual Property Organization is responsible for administering the Paris and Berne Conventions.
Question
A pecuniary right is the right of an author to exploit a copyrighted work for economic gain.
Question
The nonconditional protection principle states that common minimum standards for granting copyrights must be observed by all member states.
Question
KFC and Pizza Hut are examples of distributorship.
Question
When the TRIPS Agreement came into effect, the minimum term of protection for patents was set at 20 years for WTO member states.
Question
An agreement between a buyer and a seller is called a cartel.
Question
Parties to multilateral agreements are prevented from entering into bilateral arrangements.
Question
The exhaustion-of-rights doctrine states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution.
Question
The Patent Cooperation Treaty establishes an international mechanism that allows inventors to make a single application for patent protection that is equivalent to making a filing in all member states.
Question
The domestic sale of products manufactured under a license that only grants a foreign licensee the right to sell the goods overseas is called gray marketing.
Question
A patent pool is an agreement to exchange licenses.
Question
The patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter is called a petty patent.
Question
A certification mark is a mark or symbol used to identify a person who provides services.
Question
Agreements between competitors that have the effect of diminishing competition are called vertical competition agreements.
Question
Sole rights prevent everyone except the licensor from competing.
Question
The ________ is the exclusive right of an author to make multiple copies of a copyrighted work.

A) right of reproduction
B) right of exhibition
C) neighboring right
D) moral right
Question
A ________ is an incorporeal statutory right that gives the author of an artistic work, for a limited period, the exclusive privilege of making copies of the work and publishing and selling the copies.

A) moral right
B) patent
C) copyright
D) neighboring right
Question
The ________ states that once a copy of a copyrighted work is in circulation, the author has no further right to control its distribution.

A) common origin doctrine
B) exhaustion of rights doctrine
C) rule of reason
D) first sale doctrine
Question
A(n) ________ is a patent granted to protect new and original blueprint of an article of manufacture.

A) copyright
B) utility patent
C) plant patent
D) design patent
Question
Which of the following terms refers to the exact manner in which a particular work of authorship is set down in a tangible way?

A) expression
B) distinctiveness
C) originality
D) know-how
Question
________ is the right of an author to communicate a copyrighted work to the public.

A) Property right
B) Neighboring right
C) Right of performance
D) Right of reproduction
Question
Which of the following terms refers to the right of an author to exploit a copyrighted work for economic gain?

A) pecuniary right
B) right of priority
C) neighboring right
D) moral right
Question
In the year 1915, Coca Cola patented the shape of Coca Cola bottles. This is an example of a(n) ________.

A) design patent
B) utility patent
C) plant patent
D) copyright
Question
Cross-licensing agreements that involve any territorial restraint with respect to the manufacture, use, or marketing of goods are invalid.
Question
An exclusive license is a license that restricts who may compete with the licensee.
Question
A tying clause is a provision forbidding a licensee from competing with the licensor.
Question
Which of the following terms refers to the creative effort invested by an author in raw materials that gives them a new quality or character?

A) literary appropriation
B) plagiarism
C) originality
D) phishing
Question
________ is the right of an author to place a copy of a copyrighted work into circulation for the first time.

A) Right of reproduction
B) Right of distribution
C) Property right
D) Neighboring right
Question
A multiple licensing agreement is a contract for the licensing of industrial property rights to two or more licensees.
Question
Patents differ from copyrights in that, patents ________.

A) are granted for an unlimited period of time
B) give its owner the exclusive right to use or sell a particular product
C) create perfect competition in the market
D) give its owner the pecuniary right to performance
Question
Which of the following is a type of pecuniary right?

A) right of exhibition
B) right of reproduction
C) moral right
D) neighboring right
Question
The personal rights of authors to prohibit others from tampering with their works are called ________.

A) moral rights
B) neighboring rights
C) property rights
D) rights of priority
Question
A compulsory copyright license compels a copyright owner to grant a license, but it allows the owner to negotiate the terms of the license.
Question
Industrial property is itself divided into two categories: inventions and ________.

A) trademarks
B) pecuniary rights
C) service marks
D) artistic property
Question
A(n) ________ is the patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter.

A) design patent
B) utility patent
C) plant patent
D) copyright
Question
A ________ is a franchise in which a franchisee operates under the franchisor's trade name and is identified as part of the franchisor's business.

A) chain-style business
B) processing plant franchise
C) manufacturing franchise
D) distributorship
Question
Mark owns a chain of hotels. Roby acquires a license that allows him to extend the chain under the supervision and control of Mark. This type of license is an example of a ________.

A) franchise
B) patent
C) copyright
D) patent pool
Question
Practical expertise acquired from study, training, and experience is called ________.

A) originality
B) expression
C) distinctiveness
D) know-how
Question
The ________ states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution.

A) first sale doctrine
B) common origin doctrine
C) exhaustion-of-rights doctrine
D) doctrine of exhaustion
Question
Subway and Dunkin' Donuts are examples of a ________.

A) manufacturing franchise
B) processing plant franchise
C) chain-style business
D) distributorship
Question
A ________ is an authority granted by the owner of an intellectual property to another allowing the latter the right to use it in some limited way.

A) trademark
B) copyright
C) license
D) patent
Question
The ________ states that for a period of one year, an application for a patent in a second member country will be treated as though it had been filed on the same date as the application made in the first member country.

A) common origin doctrine
B) rule of reason
C) Trademark Law Treaty
D) right of priority
Question
Which of the following terms refers to a franchise in which a manufacturer licenses a dealer to sell its products?

A) gray marketing
B) processing plant franchise
C) chain-style business
D) distributorship
Question
A ________ is a mark or symbol used to identify goods of a particular manufacturer or merchant.

A) certification mark
B) true trademark
C) watermark
D) copyright
Question
"Gatorade" is an example of a ________.

A) copyright
B) service mark
C) true trademark
D) certification mark
Question
Agreements between competitors that have the effect of diminishing competition are called ________.

A) vertical competition agreements
B) cross-licensing agreements
C) multiple licensing agreements
D) horizontal competition agreements
Question
The ________ was created in 1967 with the adoption of the Stockholm Convention.

A) Council of Europe
B) International Monetary Fund
C) World Trade Organization
D) World Intellectual Property Organization
Question
Which of the following is an example of a distributorship franchise?

A) a Pepsi-Cola factory
B) a KFC outlet
C) Hilton Hotels and Resorts
D) Volkswagen dealership
Question
The ________ establishes an international mechanism that allows inventors to make a single application for patent protection that is equivalent to making a filing in all member states.

A) Patent Cooperation Treaty
B) Washington Treaty
C) rule of reason
D) common origin doctrine
Question
A ________ is a mark or symbol used to identify a manufacturer or merchant.

A) trade name
B) copyright
C) certification mark
D) patent
Question
Which of the following statements is true regarding the World Intellectual Property Organization (WIPO)?

A) It was created with the adoption of the Vienna Convention.
B) WIPO, like its predecessors, has very narrow authority.
C) One of the responsibilities of the WIPO is resolving Internet domain disputes.
D) The European Council is the governing body of the WIPO.
Question
Which of the following terms refers to the domestic sale of products manufactured under a license that only grants a foreign licensee the right to sell the goods overseas?

A) gray marketing
B) patenting
C) franchising
D) cross-licensing
Question
The ________ is a court-adopted rule that allows a reviewing court to consider the overall impact of a particular agreement on competition within its relevant market.

A) choice of law rule
B) rule of reason
C) rule of origin
D) ultra vires rule
Question
A franchise in which the franchisee sells products it manufactures from a formula or from ingredients provided by the franchisor is called a ________.

A) distributorship
B) chain-style business
C) processing plant franchise
D) business format franchise
Question
What are the different types of patents?
Question
Which of the following is true of the price-fixing clause?

A) It is a provision forbidding a licensee from competing with the licensor.
B) It specifies only the minimum prices.
C) It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor.
D) It requires a licensee to sell products at a price specified by the licensor.
Question
A ________ is a contract for the licensing of industrial property rights to two or more licensees.

A) WIPO Copyright Treaty
B) cross-licensing agreement
C) patent pool
D) multiple licensing agreement
Question
The ________ states that participants in an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged.

A) indemnification clause
B) bottleneck principle
C) maintenance of value clause
D) country of origin principle
Question
What is an invention?
Question
A(n) ________ is the grant, by state decree, of a license to use a statutory right when the owner has failed to work it.

A) package license
B) compulsory license
C) exclusive license
D) statutory copyright license
Question
A(n) ________ authorizes a third party to use a copyrighted work for a fee stipulated in the statute.

A) compulsory copyright license
B) compulsory license
C) exclusive license
D) statutory copyright license
Question
What are the two types of intellectual properties?
Question
A cross-licensing agreement is ________.

A) an agreement to exchange licenses
B) an agreement to share patents and other technology
C) an agreement between sellers and buyers
D) a contract for the licensing of industrial property rights to two or more licensees
Question
An agreement to share patents and other technology is called a ________.

A) cross-licensing agreement
B) vertical competition agreement
C) patent pool
D) multiple licensing agreement
Question
A ________ is an agreement that a technology licensee will transfer to the licensor any improvements, inventions, or know-how it acquires while using the technology.

A) noncompetition clause
B) grant-back provision
C) tying clause
D) cartel
Question
According to the 1976 U.S. Copyright Act, what are the seven categories of works that are eligible for copyright protection?
Question
________ is the transfer of multiple statutory rights under a single license.

A) Package licensing
B) Compulsory licensing
C) Exclusive licensing
D) Statutory copyright licensing
Question
What are the different types of franchise?
Question
What are the various marks used by merchants to identify themselves and their products?
Question
A ________ is a provision requiring a licensee to acquire or use, apart from the technology wanted, goods or personnel designated by the licensor.

A) noncompetition clause
B) price-fixing clause
C) tying clause
D) no-challenge clause
Question
Agreements between sellers and buyers are called ________.

A) vertical competition agreements
B) multiple licensing agreements
C) cross-licensing agreements
D) horizontal competition agreements
Question
Write a short note on the World Intellectual Property Organization.
Question
Explain the right of performance.
Question
Which of the following is true of a cartel?

A) It is a contract for the licensing of industrial property rights to two or more licensees.
B) It is a combination of independent business firms organized to regulate the production, pricing, and marketing of goods by its members.
C) It is a provision according to which an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged.
D) It is a license that restricts who may compete with the licensee.
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Deck 9: Intellectual Property
1
A collective mark is a mark used exclusively by a licensee or franchisee to indicate that a product meets certain standards.
False
2
A copyright gives its owner the right to prevent others from using the idea or the knowledge contained in the copyrighted work.
False
3
The right of an author to prohibit others from tampering with a copyrighted work is called the right of performance.
False
4
A franchise in which the franchisee sells products it manufactures from a formula or from ingredients provided by the franchisor is called chain-style business.
Unlock Deck
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k this deck
5
A patent is an incorporeal statutory right that gives an inventor, for a limited period, the exclusive right to use or sell a patented product or to use a patented method or process.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
6
Inventions and trademarks are types of artistic property.
Unlock Deck
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Unlock Deck
k this deck
7
The World Intellectual Property Organization is responsible for administering the Paris and Berne Conventions.
Unlock Deck
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Unlock Deck
k this deck
8
A pecuniary right is the right of an author to exploit a copyrighted work for economic gain.
Unlock Deck
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k this deck
9
The nonconditional protection principle states that common minimum standards for granting copyrights must be observed by all member states.
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k this deck
10
KFC and Pizza Hut are examples of distributorship.
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k this deck
11
When the TRIPS Agreement came into effect, the minimum term of protection for patents was set at 20 years for WTO member states.
Unlock Deck
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Unlock Deck
k this deck
12
An agreement between a buyer and a seller is called a cartel.
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k this deck
13
Parties to multilateral agreements are prevented from entering into bilateral arrangements.
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k this deck
14
The exhaustion-of-rights doctrine states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
15
The Patent Cooperation Treaty establishes an international mechanism that allows inventors to make a single application for patent protection that is equivalent to making a filing in all member states.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
16
The domestic sale of products manufactured under a license that only grants a foreign licensee the right to sell the goods overseas is called gray marketing.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
17
A patent pool is an agreement to exchange licenses.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
18
The patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter is called a petty patent.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
19
A certification mark is a mark or symbol used to identify a person who provides services.
Unlock Deck
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Unlock Deck
k this deck
20
Agreements between competitors that have the effect of diminishing competition are called vertical competition agreements.
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Unlock Deck
k this deck
21
Sole rights prevent everyone except the licensor from competing.
Unlock Deck
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k this deck
22
The ________ is the exclusive right of an author to make multiple copies of a copyrighted work.

A) right of reproduction
B) right of exhibition
C) neighboring right
D) moral right
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
23
A ________ is an incorporeal statutory right that gives the author of an artistic work, for a limited period, the exclusive privilege of making copies of the work and publishing and selling the copies.

A) moral right
B) patent
C) copyright
D) neighboring right
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
24
The ________ states that once a copy of a copyrighted work is in circulation, the author has no further right to control its distribution.

A) common origin doctrine
B) exhaustion of rights doctrine
C) rule of reason
D) first sale doctrine
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
25
A(n) ________ is a patent granted to protect new and original blueprint of an article of manufacture.

A) copyright
B) utility patent
C) plant patent
D) design patent
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
26
Which of the following terms refers to the exact manner in which a particular work of authorship is set down in a tangible way?

A) expression
B) distinctiveness
C) originality
D) know-how
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
27
________ is the right of an author to communicate a copyrighted work to the public.

A) Property right
B) Neighboring right
C) Right of performance
D) Right of reproduction
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
28
Which of the following terms refers to the right of an author to exploit a copyrighted work for economic gain?

A) pecuniary right
B) right of priority
C) neighboring right
D) moral right
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
29
In the year 1915, Coca Cola patented the shape of Coca Cola bottles. This is an example of a(n) ________.

A) design patent
B) utility patent
C) plant patent
D) copyright
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
30
Cross-licensing agreements that involve any territorial restraint with respect to the manufacture, use, or marketing of goods are invalid.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
31
An exclusive license is a license that restricts who may compete with the licensee.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
32
A tying clause is a provision forbidding a licensee from competing with the licensor.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
33
Which of the following terms refers to the creative effort invested by an author in raw materials that gives them a new quality or character?

A) literary appropriation
B) plagiarism
C) originality
D) phishing
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
34
________ is the right of an author to place a copy of a copyrighted work into circulation for the first time.

A) Right of reproduction
B) Right of distribution
C) Property right
D) Neighboring right
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
35
A multiple licensing agreement is a contract for the licensing of industrial property rights to two or more licensees.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
36
Patents differ from copyrights in that, patents ________.

A) are granted for an unlimited period of time
B) give its owner the exclusive right to use or sell a particular product
C) create perfect competition in the market
D) give its owner the pecuniary right to performance
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
37
Which of the following is a type of pecuniary right?

A) right of exhibition
B) right of reproduction
C) moral right
D) neighboring right
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
38
The personal rights of authors to prohibit others from tampering with their works are called ________.

A) moral rights
B) neighboring rights
C) property rights
D) rights of priority
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
39
A compulsory copyright license compels a copyright owner to grant a license, but it allows the owner to negotiate the terms of the license.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
40
Industrial property is itself divided into two categories: inventions and ________.

A) trademarks
B) pecuniary rights
C) service marks
D) artistic property
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
41
A(n) ________ is the patent granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter.

A) design patent
B) utility patent
C) plant patent
D) copyright
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
42
A ________ is a franchise in which a franchisee operates under the franchisor's trade name and is identified as part of the franchisor's business.

A) chain-style business
B) processing plant franchise
C) manufacturing franchise
D) distributorship
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
43
Mark owns a chain of hotels. Roby acquires a license that allows him to extend the chain under the supervision and control of Mark. This type of license is an example of a ________.

A) franchise
B) patent
C) copyright
D) patent pool
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
44
Practical expertise acquired from study, training, and experience is called ________.

A) originality
B) expression
C) distinctiveness
D) know-how
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
45
The ________ states that once a good made or sold under license is in circulation, the licensor has no further right to control its distribution.

A) first sale doctrine
B) common origin doctrine
C) exhaustion-of-rights doctrine
D) doctrine of exhaustion
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
46
Subway and Dunkin' Donuts are examples of a ________.

A) manufacturing franchise
B) processing plant franchise
C) chain-style business
D) distributorship
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
47
A ________ is an authority granted by the owner of an intellectual property to another allowing the latter the right to use it in some limited way.

A) trademark
B) copyright
C) license
D) patent
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
48
The ________ states that for a period of one year, an application for a patent in a second member country will be treated as though it had been filed on the same date as the application made in the first member country.

A) common origin doctrine
B) rule of reason
C) Trademark Law Treaty
D) right of priority
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
49
Which of the following terms refers to a franchise in which a manufacturer licenses a dealer to sell its products?

A) gray marketing
B) processing plant franchise
C) chain-style business
D) distributorship
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
50
A ________ is a mark or symbol used to identify goods of a particular manufacturer or merchant.

A) certification mark
B) true trademark
C) watermark
D) copyright
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
51
"Gatorade" is an example of a ________.

A) copyright
B) service mark
C) true trademark
D) certification mark
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
52
Agreements between competitors that have the effect of diminishing competition are called ________.

A) vertical competition agreements
B) cross-licensing agreements
C) multiple licensing agreements
D) horizontal competition agreements
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
53
The ________ was created in 1967 with the adoption of the Stockholm Convention.

A) Council of Europe
B) International Monetary Fund
C) World Trade Organization
D) World Intellectual Property Organization
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
54
Which of the following is an example of a distributorship franchise?

A) a Pepsi-Cola factory
B) a KFC outlet
C) Hilton Hotels and Resorts
D) Volkswagen dealership
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
55
The ________ establishes an international mechanism that allows inventors to make a single application for patent protection that is equivalent to making a filing in all member states.

A) Patent Cooperation Treaty
B) Washington Treaty
C) rule of reason
D) common origin doctrine
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
56
A ________ is a mark or symbol used to identify a manufacturer or merchant.

A) trade name
B) copyright
C) certification mark
D) patent
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
57
Which of the following statements is true regarding the World Intellectual Property Organization (WIPO)?

A) It was created with the adoption of the Vienna Convention.
B) WIPO, like its predecessors, has very narrow authority.
C) One of the responsibilities of the WIPO is resolving Internet domain disputes.
D) The European Council is the governing body of the WIPO.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
58
Which of the following terms refers to the domestic sale of products manufactured under a license that only grants a foreign licensee the right to sell the goods overseas?

A) gray marketing
B) patenting
C) franchising
D) cross-licensing
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
59
The ________ is a court-adopted rule that allows a reviewing court to consider the overall impact of a particular agreement on competition within its relevant market.

A) choice of law rule
B) rule of reason
C) rule of origin
D) ultra vires rule
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
60
A franchise in which the franchisee sells products it manufactures from a formula or from ingredients provided by the franchisor is called a ________.

A) distributorship
B) chain-style business
C) processing plant franchise
D) business format franchise
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
61
What are the different types of patents?
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
62
Which of the following is true of the price-fixing clause?

A) It is a provision forbidding a licensee from competing with the licensor.
B) It specifies only the minimum prices.
C) It forbids a licensee from entering into agreements to acquire or distribute technologies or products that compete with ones furnished or designated by the licensor.
D) It requires a licensee to sell products at a price specified by the licensor.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
63
A ________ is a contract for the licensing of industrial property rights to two or more licensees.

A) WIPO Copyright Treaty
B) cross-licensing agreement
C) patent pool
D) multiple licensing agreement
Unlock Deck
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64
The ________ states that participants in an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged.

A) indemnification clause
B) bottleneck principle
C) maintenance of value clause
D) country of origin principle
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65
What is an invention?
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66
A(n) ________ is the grant, by state decree, of a license to use a statutory right when the owner has failed to work it.

A) package license
B) compulsory license
C) exclusive license
D) statutory copyright license
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67
A(n) ________ authorizes a third party to use a copyrighted work for a fee stipulated in the statute.

A) compulsory copyright license
B) compulsory license
C) exclusive license
D) statutory copyright license
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68
What are the two types of intellectual properties?
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69
A cross-licensing agreement is ________.

A) an agreement to exchange licenses
B) an agreement to share patents and other technology
C) an agreement between sellers and buyers
D) a contract for the licensing of industrial property rights to two or more licensees
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70
An agreement to share patents and other technology is called a ________.

A) cross-licensing agreement
B) vertical competition agreement
C) patent pool
D) multiple licensing agreement
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71
A ________ is an agreement that a technology licensee will transfer to the licensor any improvements, inventions, or know-how it acquires while using the technology.

A) noncompetition clause
B) grant-back provision
C) tying clause
D) cartel
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72
According to the 1976 U.S. Copyright Act, what are the seven categories of works that are eligible for copyright protection?
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73
________ is the transfer of multiple statutory rights under a single license.

A) Package licensing
B) Compulsory licensing
C) Exclusive licensing
D) Statutory copyright licensing
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74
What are the different types of franchise?
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75
What are the various marks used by merchants to identify themselves and their products?
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76
A ________ is a provision requiring a licensee to acquire or use, apart from the technology wanted, goods or personnel designated by the licensor.

A) noncompetition clause
B) price-fixing clause
C) tying clause
D) no-challenge clause
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77
Agreements between sellers and buyers are called ________.

A) vertical competition agreements
B) multiple licensing agreements
C) cross-licensing agreements
D) horizontal competition agreements
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78
Write a short note on the World Intellectual Property Organization.
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79
Explain the right of performance.
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80
Which of the following is true of a cartel?

A) It is a contract for the licensing of industrial property rights to two or more licensees.
B) It is a combination of independent business firms organized to regulate the production, pricing, and marketing of goods by its members.
C) It is a provision according to which an industry-wide patent pool must grant reasonable access to the pool to any firm wishing to compete so that no firm will be disadvantaged.
D) It is a license that restricts who may compete with the licensee.
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