TBCh11F - CHAPTER 11 Intellectual Property TRUE-FALSE...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
C H A P T E R 1 1 Intellectual Property T RUE -F ALSE Q UESTIONS 1. After a patent expires, the invention is dedicated to the public. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 2. A copyright is a government-granted right to exclude others from making, using, or selling an invention. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 3. Intellectual property is any product or result of a mental process that is given legal protection against unauthorized use. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 4. Copyright protection does not extend to derivative works. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 5. A patent holder must personally make use of the invention. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 6. A classic example of a trade secret is the formula for Coca-Cola. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 7. An invention is “novel” if it is explained in book format. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 156
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
157 MANAGERS AND THE LEGAL ENVIRONMENT 8. A trademark does not necessarily reveal the product’s manufacturer. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 9. The packaging or dressing of a product may be protected under the trademark laws as trade dress. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 10. Trade secrets are protected for an indefinite time. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 11. Registration of a trademark in the Federal Principal Register provides actual notice of a claim of ownership in all 50 states. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 12. Registration with the Federal Trademark Register is a requirement for obtaining any rights in a trademark. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 13. Internet addresses are called domain names. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 14. The three ways in which a patent may be infringed are directly, indirectly, or contributorily. ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 15. Once the Patent and Trademark Office issues a patent, a court may not find it invalid. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 16. Terms that were once enforceable trademarks may become generic and thereby not protected.
Background image of page 2
CHAPTER 11 INTELLECTUAL PROPERTY 158 ANSWER: True SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 17. Service marks are a form of trademarks. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 18. Facts are copyrightable. ANSWER: False SKILL LEVEL: AACSB Analytic OBJECTIVE: AICPA Legal 19. The Uniform Trade Secrets Act is a federal law. ANSWER:
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/18/2011 for the course BUSS 240 taught by Professor Na during the Fall '10 term at Strayer.

Page1 / 13

TBCh11F - CHAPTER 11 Intellectual Property TRUE-FALSE...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online