Question 1

Radford School has just been accredited by the United Federation of Planets Academy of Business and Managements Schools. The school is provided with an icon to put on its home page saying "Member of UFPABMS". This icon is a:

Accepted Answer

A)   collective mark.
B)   promotion mark.
C)   trademark.
D)   brand mark.
E)   service mark.

Question 2

Which of the following is true of copyright?

Accepted Answer

A)   It deals with invention that is original, nonobvious and a novelty.
B)   It protects ideas and facts.
C)   It protects the design, color, or shape that is associated with a particular product from being copied.
D)   It protects original, creative expression.
E)   It protects only companies which can be considered authors.

Question 3

Fair use of a registered trademark is allowed by the Economic Espionage Act.

Accepted Answer

A) True 
 B)False

Question 4

Recreating, through legitimate means, the same information that another considers to be a trade secret is still considered misappropriation.

Accepted Answer

A) True 
 B)False

Question 5

Copying for research or teaching are considered an infringement of the owner's property.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is true of trademarks?

Accepted Answer

A)   Trademarks are a form of legal and civil property.
B)   One can have rights in a trademark only if he/she has registered it.
C)   If a trademark is unregistered, it is open for public use.
D)   It is firmly associated with an inventive act, and excludes others from making, using or selling the invention.
E)   Owners can sue for infringement, and claim rights on a trademark even if they have not registered it.

Question 7

The Coca-Cola Co. has restricted employees at soda fountains to offer another soda when a customer asks for a "Coke". Why?

Accepted Answer

The Coca-Cola Co. wants to avoid the los...

Question 8

The Berne Convention addressed international agreements in the area of:

Accepted Answer

A)   patents.
B)   copyrights.
C)   trademarks.
D)   trade secrets.
E)   brands.

Question 9

Which of the following acts protect a "famous" trademark, even if the owner is unable to prove that the public is confused by another's use of a similar mark, and provides the owner with the infringer's profits, and actual damages?

Accepted Answer

A)   Lanham Act
B)   Consumer Protection Act
C)   Patent Act
D)   Intellectual Property Act
E)   Trademark Dilution Act

Question 10

Discuss patent trolls.

Accepted Answer

The pejorative term suggests that non-pr...

Question 11

The Digital Millennium Copyright Act makes illegal the effort to get around devices used by copyright owners to keep their works from being infringed.

Accepted Answer

A) True 
 B)False

Question 12

For a name to be trademarked:

Accepted Answer

A)   it must be listed on the principal register for five years without being challenged.
B)   it must be listed on the secondary register for five years and have acquired a secondary meaning.
C)   it must be listed without restrictions and the trademark owner must notify the PTO every year that the trademark is still in use.
D)   the PTO will not accept descriptive terms for trademark protection.
E)   it must be listed on the principal register for one year and on the secondary register for five years.

Question 13

What does it mean for a trademark to become generic? Give some examples of trademarks that have become generic.

Accepted Answer

Trademark owners must be vigilant in pro...

Question 14

A school's seal and logo are examples of what type of intellectual property?

Accepted Answer

A)   Service marks
B)   Certification marks
C)   Collective marks
D)   Patents
E)   Brand marks

Question 15

Although there are civil penalties for stealing trade secrets, no criminal penalties exist at this current time.

Accepted Answer

A) True 
 B)False

Question 16

To protect knowledge or information as a trade secret, the business must prove that it took special and extraordinary measures to keep that knowledge and information secret.

Accepted Answer

A) True 
 B)False

Question 17

What is a trade secret and what must a company do to have enforceable rights to protect a trade secret?

Accepted Answer

A trade secret is any form of knowledge ...

Question 18

The Nike 'swoosh' is an example of what type of intellectual property?

Accepted Answer

A)   Copyright
B)   Patent
C)   Certification mark
D)   Trademark
E)   Novelty

Question 19

Which of the following is actually intended to be used by someone other than the owner?

Accepted Answer

A)   Certification marks
B)   Collective marks
C)   Service marks
D)   Trademarks
E)   Brand marks

Question 20

When a patent expires, the invention is said to be in the ________, and others may use it without limitation.

Accepted Answer

A)   business environment
B)   communal realm
C)   collective sphere
D)   public domain
E)   legal open space

Exam 11: Intellectual Property

What is a trade secret and what must a company do to have enforceable rights to protect a trade secret?

Correct AnswerverifiedA trade secret is any form of knowledge ...View AnswerShow Answer

Copying for research or teaching are considered an infringement of the owner's property.

Correct AnswerverifiedShow Answer

What does it mean for a trademark to become generic? Give some examples of trademarks that have become generic.

Correct AnswerverifiedTrademark owners must be vigilant in pro...View AnswerShow Answer

When a patent expires, the invention is said to be in the ________, and others may use it without limitation.

Correct AnswerverifiedShow Answer

Although there are civil penalties for stealing trade secrets, no criminal penalties exist at this current time.

Correct AnswerverifiedShow Answer

For a name to be trademarked:

Correct AnswerverifiedShow Answer

The Berne Convention addressed international agreements in the area of:

Correct AnswerverifiedShow Answer

The Coca-Cola Co. has restricted employees at soda fountains to offer another soda when a customer asks for a "Coke". Why?

Correct AnswerverifiedThe Coca-Cola Co. wants to avoid the los...View AnswerShow Answer

Discuss patent trolls.

Correct AnswerverifiedThe pejorative term suggests that non-pr...View AnswerShow Answer

Radford School has just been accredited by the United Federation of Planets Academy of Business and Managements Schools. The school is provided with an icon to put on its home page saying "Member of UFPABMS". This icon is a:

Correct AnswerverifiedShow Answer

The Nike 'swoosh' is an example of what type of intellectual property?

Correct AnswerverifiedShow Answer

Recreating, through legitimate means, the same information that another considers to be a trade secret is still considered misappropriation.

Correct AnswerverifiedShow Answer

Which of the following is true of copyright?

Correct AnswerverifiedShow Answer

Which of the following acts protect a "famous" trademark, even if the owner is unable to prove that the public is confused by another's use of a similar mark, and provides the owner with the infringer's profits, and actual damages?

Correct AnswerverifiedShow Answer

To protect knowledge or information as a trade secret, the business must prove that it took special and extraordinary measures to keep that knowledge and information secret.

Correct AnswerverifiedShow Answer

A school's seal and logo are examples of what type of intellectual property?

Correct AnswerverifiedShow Answer

Which of the following is true of trademarks?

Correct AnswerverifiedShow Answer

The Digital Millennium Copyright Act makes illegal the effort to get around devices used by copyright owners to keep their works from being infringed.

Correct AnswerverifiedShow Answer

Which of the following is actually intended to be used by someone other than the owner?

Correct AnswerverifiedShow Answer

Fair use of a registered trademark is allowed by the Economic Espionage Act.

Correct AnswerverifiedShow Answer

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A trade secret is any form of knowledge ...
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Trademark owners must be vigilant in pro...
View Answer

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The Coca-Cola Co. wants to avoid the los...
View Answer

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The pejorative term suggests that non-pr...
View Answer

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