LEB 320F Unit 5 Questions and Answers
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What is the primary purpose of intellectual property law?
The primary purpose of intellectual property law is to protect the creations of inventors,
artists, and authors by granting them exclusive rights to use, distribute, and profit from the...
What is the primary purpose of intellectual property law?
✔✔ The primary purpose of intellectual property law is to protect the creations of inventors,
artists, and authors by granting them exclusive rights to use, distribute, and profit from their
work.
What is a patent, and what rights does it grant the holder?
✔✔ A patent grants the holder the exclusive right to make, use, sell, or license an invention for a
specified period, typically 20 years.
How does trademark law protect businesses?
✔✔ Trademark law protects businesses by granting exclusive rights to use distinctive signs,
logos, or brand names, preventing others from using similar marks that could cause confusion.
What is the difference between a copyright and a trademark?
✔✔ Copyright protects original works of authorship, such as literature, music, and art, while
trademarks protect brand identifiers like logos, names, and slogans used in commerce.
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,What does the term "trade secret" refer to?
✔✔ A trade secret refers to confidential business information, such as formulas, practices, or
designs, that provide a competitive edge and are protected from public disclosure.
How can a business protect its trade secrets?
✔✔ A business can protect its trade secrets by implementing confidentiality agreements,
restricting access to sensitive information, and ensuring proper security measures.
What is the legal concept of "fair use" in copyright law?
✔✔ Fair use is a legal doctrine that allows limited use of copyrighted material without
permission for purposes such as criticism, commentary, news reporting, teaching, or research.
What are the requirements for something to be eligible for copyright protection?
✔✔ To be eligible for copyright protection, a work must be original, fixed in a tangible medium
of expression, and exhibit a minimal degree of creativity.
How does the Digital Millennium Copyright Act (DMCA) protect intellectual property online?
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, ✔✔ The DMCA provides legal protection for copyright holders by prohibiting the unauthorized
distribution of digital content and establishing rules for handling copyright infringement claims
online.
What are the consequences of violating intellectual property laws?
✔✔ Violating intellectual property laws can result in civil penalties, including damages, fines,
and injunctions, as well as potential criminal charges for willful infringement.
What is the primary benefit of obtaining a trademark registration?
✔✔ The primary benefit of trademark registration is nationwide protection of the brand name or
logo and the ability to bring legal action against infringers.
What is a "design patent," and how does it differ from a utility patent?
✔✔ A design patent protects the ornamental design of a functional item, while a utility patent
protects the functional aspects of an invention.
What are the requirements for something to qualify as a trade secret under the Uniform Trade
Secrets Act (UTSA)?
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