World of Business Reading Quiz Questions Modules 5-7 (Latest Update 2024 / 2025) Questions and Answers |100% Verified Correct Answers | complete solution | Grade A+
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World of Business Reading
Institution
World Of Business Reading
World of Business Reading Quiz Questions Modules 5-7
World of Business Reading Quiz
Questions Modules 5-7
A novel inspired by figures from Greek mythology - ANSWER -Which of the
following is NOT an example given in the Law and Economics of Intellectual
Property article of derivative works of a...
world of business reading quiz questions modules 5
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World of Business Reading Quiz
Questions Modules 5-7
A novel inspired by figures from Greek mythology - ANSWER -Which of the
following is NOT an example given in the Law and Economics of Intellectual
Property article of derivative works of a copyrighted creative work?
(a) A toy based on a character in a motion picture based on a novel
(b) Semiconductor chip protection
(c) A motion picture based on a novel
(d) A novel inspired by figures from Greek mythology
the protection of artistic works such as books, plays, music movies, computer
software, paintings, etc. - ANSWER -A copyright is:
(a) the protection of artistic works such as books, plays, music movies, computer
software, paintings, etc.
(b) granted for any new production process, machine, manufacture or
composition of matter
(c) intellectual property that gives its holder a competitive advantage over the
competition
(d) a word, phrase, symbol, or design which identifies the source of the goods or
services
Trademarks - ANSWER -Which form of intellectual property law has no
constitutional foundation?
(a) Copyrights
(b) Trademarks
(c) Semiconductors chip protection
(d) Patents
All of these answers - ANSWER -In which of the following ways is intellectual
property provided legal protection?
(a) International conventions
(b) U.S State Law
(c) Trade Agreements made with other nations
(d) The U.S. Constitution
, (e) All of these answers
intellectual property that gives its holder a competitive advantage over the
competition - ANSWER -A trade secret is:
(a) the protection of artistic works such as books, plays, music movies, computer
software, paintings, etc.
(b) a word, phrase, symbol, or design which identifies the source of the goods or
services
(c) granted for any new production process, machine, manufacture or
composition of matter
(d) intellectual property that gives its holder a competitive advantage over the
competition
Kodak - ANSWER -Which one of the following is a trademark that has never
been considered by the courts as so generic as to lose the protection of
trademark law?
(a) Monopoly
(b) Kodak
(c) Thermos
(d) Aspirin
all of these answers - ANSWER -It is easy for Intellectual property to be stolen
because:
(a) it can be transferred
(b) it can be transported
(c) it can be copied
(d) all of these answers
Maximize the incentives for creation that the system of intellectual property
creates while reducing its administrative and enforcement costs - ANSWER
-According to the reading Law and Economics of IP, what is the objective of
intellectual property protection?
(a) Maximize the incentives for creation that the system of intellectual property
creates while reducing its administrative and enforcement costs
(b) Reward all creators of original ideas or works, regardless of the cost or
reward of innovation.
(c) Minimize the costs of enforcing intellectual property
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