What type of protection does us law grant the creator

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Business: Its Legal, Ethical, and Global Environment
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Chapter 3 / Exercise 2
Business: Its Legal, Ethical, and Global Environment
Jennings
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26) What type of protection does U.S. law grant the creator of a book, film or piece of music?A) A patent, which grants the exclusive right to use the creation during the authorʹs lifetime andto his or her heirs for 70 years after the authorʹs death.B) A public franchise, which grants the exclusive right to use the creation during the authorʹslifetime and to his or her heirs for 70 years after the authorʹs death.C) A copyright, which grants exclusive rights to the creationʹs author for 20 years after the workis created.D) A copyright, which grants the exclusive right to use the creation during the authorʹs lifetimeand to his or her heirs for 70 years after the authorʹs death.Answer: D
26)
Diff: 1Page Ref: 491/491Topic: Patents and CopyrightsLearning Outcome: Micro 5: List ways in which governments intervene in markets and explain theconsequences of such interventionAACSB: Reflective Thinking27) The International Nickel Company of Canada is often cited as an example of monopoly. What wasthe source of the barrier to entry that gave this firm monopoly power?
27)
Diff: 1Page Ref: 491/491Topic: Barriers to EntryLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB:28) The International Nickel Company of Canada is often cited as an example of monopoly, butInternational Nickel eventually lost its monopoly. What event was responsible for this?
28)
Diff: 1Page Ref: 491/491Topic: Barriers to EntryLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB:8
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Business: Its Legal, Ethical, and Global Environment
The document you are viewing contains questions related to this textbook.
Chapter 3 / Exercise 2
Business: Its Legal, Ethical, and Global Environment
Jennings
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