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Which of the following statements about intellectual property is true?

  • All statements are true (correct)
  • Only Statement III is true
  • Only Statement I is true
  • Only Statement II is true

    • What type of intellectual property grants an exclusive right to an inventor for a new and useful product?

  • Trademark
  • Copyright
  • Patent (correct)
  • Franchise

    • How can a patent be created or legally protected?

  • By experimenting over the invention
  • By notarization of the invention
  • By registration with Intellectual Property Office (correct)
  • By invention by the inventor

    • What is the typical legal duration of a patent's exclusivity?

    <p>20 years</p> Signup and view all the answers

    Which of the following is not a requisite for obtaining a patent?

    <p>It must be made by a scientist</p> Signup and view all the answers

    What criteria must an invention meet to be categorized as patentable?

    <p>It must be new, involve an inventive step, and be applicable industrially</p> Signup and view all the answers

    Which statement accurately describes patentable inventions?

    <p>They can relate to products, processes, or improvements</p> Signup and view all the answers

    What is a prerequisite for a technical solution to be patentable?

    <p>It must solve a technical problem</p> Signup and view all the answers

    Which statement correctly reflects the rights of a mere distributor regarding trademark infringement?

    <p>A distributor cannot assert protection as they hold no rights to the trademark.</p> Signup and view all the answers

    What is the primary concern in trademark infringement cases?

    <p>The likelihood of confusion regarding the source of goods.</p> Signup and view all the answers

    Which factors are considered when determining the likelihood of confusion in trademark cases?

    <p>All aspects including trademark resemblance, goods similarity, and purchaser effect.</p> Signup and view all the answers

    Which statement is accurate regarding trademark infringement and unfair competition?

    <p>Infringement involves unauthorized use, while unfair competition involves misleading practices.</p> Signup and view all the answers

    What is the legal prerequisite concerning trademark registration in infringement cases?

    <p>Prior registration is mandatory for all infringement suits.</p> Signup and view all the answers

    What can be inferred about the duration of a trademark registration?

    <p>It lasts for 10 years and can be renewed for additional periods.</p> Signup and view all the answers

    In the context of trademark infringement, what is true regarding intent?

    <p>Infringement does not require proof of fraudulent intent.</p> Signup and view all the answers

    Which of the following statements regarding unfair competition is true?

    <p>It can involve passing off goods without being registered.</p> Signup and view all the answers

    What is one of the primary purposes of trademarks according to modern authorities on trademark law?

    <p>They guarantee the articles come up to a certain standard of quality.</p> Signup and view all the answers

    Which of the following is a legitimate way to protect a trademark?

    <p>By its usage by the owner.</p> Signup and view all the answers

    Which type of mark cannot be registered for protection?

    <p>Marks consisting of shapes that lack distinctiveness.</p> Signup and view all the answers

    How long is the term of a trademark before it is subject to renewal?

    <p>10 years.</p> Signup and view all the answers

    Which marks may NOT be registered according to trademark laws?

    <p>Marks deemed misleading to the public.</p> Signup and view all the answers

    Which type of trademark might face challenges in registration?

    <p>Marks consisting of terms that are merely descriptive.</p> Signup and view all the answers

    What is NOT a function of trademarks based on the established views?

    <p>Guaranteeing a specific price point.</p> Signup and view all the answers

    What contributes to the effective protection of a trademark?

    <p>Registration with the Intellectual Property Office.</p> Signup and view all the answers

    What can a registered mark owner recover in case of infringement?

    <p>Reasonable profit they would have made or the profit from the defendant's infringement</p> Signup and view all the answers

    What is the effect of a registered mark against someone using the mark in good faith before the filing date?

    <p>It is void against such persons</p> Signup and view all the answers

    What type of right is granted to authors for their literary and artistic works?

    <p>Copyright</p> Signup and view all the answers

    Which of the following best describes original works?

    <p>Works produced in the literary, scientific, and artistic domain</p> Signup and view all the answers

    What is the typical copyright term for original and derivative works?

    <p>Life of the author plus 50 years</p> Signup and view all the answers

    Which statement is true about an innocent infringer who prints infringing materials for others?

    <p>The owner can only seek an injunction against future printing</p> Signup and view all the answers

    What does copyright protect?

    <p>Original works of authorship</p> Signup and view all the answers

    How does a registered mark affect innocent users who were using it in good faith prior to registration?

    <p>They can continue using the mark despite registration</p> Signup and view all the answers

    Which factor is NOT considered when determining fair use of copyrighted material?

    <p>The length of the work used</p> Signup and view all the answers

    What does Statement II imply about substantial reproduction of a copyrighted work?

    <p>Infringement can occur without large portions being copied</p> Signup and view all the answers

    What is one of the possible penalties for copyright infringement?

    <p>Payment of actual damages to the copyright owner</p> Signup and view all the answers

    Which of the following best describes copyright infringement?

    <p>Infringement occurs when the owner's consent is not obtained for any use</p> Signup and view all the answers

    Which outcome is associated with the infringement of a copyright right?

    <p>Injunction to cease the infringing activity</p> Signup and view all the answers

    What is the term of protection for copyright in original and derivative works?

    <p>The life of the author plus 30 years after his death</p> Signup and view all the answers

    Which statement regarding derivative works is correct?

    <p>Both statements are true</p> Signup and view all the answers

    What acts do copyright or economic rights NOT protect?

    <p>None of the above</p> Signup and view all the answers

    In the absence of proof to the contrary, who is presumed to be the author of a work?

    <p>The person indicated on the work</p> Signup and view all the answers

    What is the nature of copyright in terms of its rights?

    <p>It is a statutory right limited to what the statute confers</p> Signup and view all the answers

    To be entitled to copyright, a person must be what?

    <p>The original creator who independently conjured the work</p> Signup and view all the answers

    Which of the following is NOT considered a derivative work?

    <p>An original painting created by an artist</p> Signup and view all the answers

    Which of the following is a true statement about copyright presumption regarding audiovisual works?

    <p>The corporate entity named is presumed to be the maker</p> Signup and view all the answers

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