Patent protection - Study guides, Class notes & Summaries

PVL3701 summarised exam notes 2023 updated and complete. STUDY UNIT 1: PROPERTY LAW DEFINITIONS:- Law of things:  The law of things can be defined as a branch of private law which consists of a number of legal rules that determine the nature, content, vesting, protection, transfer and termination of various real relationships between a legal subject and a thing, as well as the rights and duties ensuing from these relationships. Law:  That body of rules and norms which regulates...

False correct answers All forms of intellectual property have a fixed period of duration False correct answers Only one form of intellectual property is available for any one item False correct answers For any form of intellectual property to be protectable, it must be registered with the appropriate government agency. False correct answers Trade secrets are protected by various state laws rather than federal law. True correct answers Trademarks may consist of words, slogans, logos, ...

BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission r...

QUESTION 1 ABC company advertises that they have manufactured a patent medicine. The advert states that if this medication is taken, by any person, according to the manufacturer’s prescription, that person will not become ill with the coronavirus sickness. And the advert further states that the company is so confident of this medication, that if anyone does get sick with this virus, after taking the medication as prescribed, the company will pay that person R50 000. Based on this adverti...

Coffin Correct Answer-A case or receptacle for dead human remains which is anthropoid in shape Casket FTC Correct Answer-a rigid container which is designed for the encasement of human remains and which is usually constructed of wood, metal, or like material and ornamented and lined with fabric. Casket ABFSE Correct Answer-a case or receptacle in which human remains are placed for protection, practical utility, and a suitable memory picture. Casket ABFSE and Correct Answer-any box or co...

What do patents protect? correct answers Works of invention Why have patents? correct answers The government wants to encourage scientific development so it gives inventors legal protection for their work and ideas What may patents be granted for? correct answers i. Process ii. Machine iii. Manufacture iv. Composition of Matter v. An improvement of # i.-iv. vi. Ornamental design for a product vii. Business method Patents may not be granted if: correct answers -The patent lacks n...

HESI A2 Entrance Exam 225 Questions with Verified Answers Virulence -CORRECT ANSWER the ability to produce disease Efface -CORRECT ANSWER to wipe out, to rub out, do away with; (medical) the thinning of the cervix during labor Ubiquitous -CORRECT ANSWER omnipresent, existing or being everywhere osmosis -CORRECT ANSWER process of fluid passing through semi-permeable membrane from higher to lower concentration labile -CORRECT ANSWER apt or likely to change, changing quickly -Becaus...

Pure Food and Drug Act (1906) aka Wiley Law - correct answer Prohibits adulteration and misbranding Food, Drug and Cosmetic Act (1938) - correct answer -New drug could not be marketed unless safe -Required manufacturer label to have directions for use and warnings about habit forming drugs Durham-Humphrey Amendment (1951) - correct answer -Established prescription and OTC drug categories -Allowed for oral prescriptions -Allowed for refills Manufacturer label on Rx drugs after Durham-...

Test Bank for Entrepreneurship: Theory, Process, Practice 11e 11th Edition by Donald F. Kuratko. ISBN-13: 3890 Full chapters test bank included Part 1: The Entrepreneurial Mind-Set in the Twenty-First Century Chapter 1: Entrepreneurship: Evolutionary Development—Revolutionary Impact 1-1 Entrepreneurs—Breakthrough Innovators 1-2 Entrepreneurs Versus Small-Business Owners: A Distinction 1-3 Entrepreneurship: A Mind-Set 1-4 The Evolution of Entrepreneurship 1-5 Avoiding Folklore: Th...

The degree to which a company can capture profits from its innovation - Basically, how quickly and easily competitors can imitate it - Answer-Appropriability Which general factors make it difficult to copy a company's innovation anyway? - Answer-- Rare knowledge underlines the technology - The company has unique experiences - The company has great pool of talent Many Innovations are relatively easy to copy.... So, most countries offer legal protection for intellectual property: - Answer...