Intellectual Property and Trade Secrets
24 Questions
0 Views

Intellectual Property and Trade Secrets

Created by
@AttentiveGyrolite7105

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What can a patent owner seek when their patent is infringed upon?

  • A decrease in patent fees
  • Injunction and damages (correct)
  • Automatic patent renewal
  • Merger with the infringer
  • Which of the following marks serves to identify the origin of services rather than goods?

  • Collective mark
  • Certification mark
  • Service mark (correct)
  • Trade dress
  • Under what condition can the PTO deny trademark registration?

  • The mark is already in use by a competitor (correct)
  • The mark has no visual appeal
  • The mark is a combination of two unrelated words
  • The mark is too creative
  • What is one of the critical requirements for enforcing non-compete agreements in employment?

    <p>There must be a valid business purpose.</p> Signup and view all the answers

    What is a key feature of overlapping patent rights?

    <p>They provide avenues for suing other companies</p> Signup and view all the answers

    Which of the following is exempt from misappropriation claims?

    <p>Reverse engineering</p> Signup and view all the answers

    What is a characteristic of a sound trademark?

    <p>It is a recognizable sound used by a company</p> Signup and view all the answers

    What must an inventor do to qualify for a utility patent?

    <p>Show utility in its application.</p> Signup and view all the answers

    Which clause was ruled invalid by the Supreme Court concerning trademark registration?

    <p>Disparagement Clause</p> Signup and view all the answers

    What does the Supplemental Register signify in trademark registration?

    <p>The mark has acquired secondary meaning after five years</p> Signup and view all the answers

    In the context of patent law, what is novelty?

    <p>The invention being a new and different creation.</p> Signup and view all the answers

    Which of the following is NOT a function of trademarks under the Lanham Act?

    <p>Improving product quality</p> Signup and view all the answers

    Which type of patent protects ornamental designs?

    <p>Design patent</p> Signup and view all the answers

    What is a primary ruling from the case Association for Molecular Pathology v. Myriad Genetics, Inc.?

    <p>Natural DNA cannot be patented, but cDNA can be.</p> Signup and view all the answers

    Which of the following is NOT a characteristic required for obtaining a patent?

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

    What was a key finding in the Alice Corporation Pty. Ltd. v. CLS Bank Int'l decision?

    <p>Abstract ideas cannot be patented even if implemented on a computer.</p> Signup and view all the answers

    What constitutes trademark infringement?

    <p>Unauthorized use of a trademark</p> Signup and view all the answers

    Which of the following is true about generic marks?

    <p>They cannot be protected under trademark law.</p> Signup and view all the answers

    Which of the following describes 'blurring' in trademark dilution?

    <p>Using a mark in a way that diminishes its distinctiveness</p> Signup and view all the answers

    What is a primary criterion for copyright protection?

    <p>The work must be original.</p> Signup and view all the answers

    What determines the duration of copyright ownership for individual authors?

    <p>Lifetime of the author plus 70 years</p> Signup and view all the answers

    Which option accurately describes what constitutes copyright infringement?

    <p>Violating the exclusive rights of reproduction and distribution</p> Signup and view all the answers

    In the context of fair use, which factor is NOT typically considered?

    <p>The opinion of the original creator</p> Signup and view all the answers

    What happens to works published in or before 1928 as of January 1, 2024?

    <p>They enter the public domain.</p> Signup and view all the answers

    Study Notes

    Intellectual Property

    • Four main types: Copyright, Trademark, Patent, Trade Secret
    • Justification: Based on deservedness and hard work, encourages innovation, protects creators, and creates jobs
    • Competition: More competition leads to more innovation
    • Capturing: Involves identifying and documenting intellectual property

    Trade Secrets

    • Knowledge or information kept secret (reasonable measures taken)
    • Has economic value
    • Uniform Trade Secrets Act: Violated when illegal measures are taken to obtain trade secrets, Obama signed federal law allowing individuals to sue for trade secret misappropriation
    • Establishing existence of trade secret: Conduct an audit to identify confidential resources, preserve secrecy (lock written material, secure computer knowledge with firewalls, enforce restrictions on visitors, make agreements with employees, customers and business partners)

    Al Minor & Associates v. Martin

    • Ohio case (881 N.E.2d 850)
    • Martin prepared to leave company, start own firm, memorized client list, solicited 15 clients. Case went to court
    • Court ruled in favor of the company (AMA) as Martin violated Uniform Trade Secrets Act
    • Client list held confidential knowledge-based resources

    Demonstrating Misappropriation

    • Improper acquisition or disclosure of confidential information
    • Independent creation and reverse engineering are exempted
    • Employee mobility: Confidentiality contracts prohibit sharing workplace knowledge

    Patent Law

    • Legal right to prevent others from producing an invention during a specific time
    • Utility, design, and plant patents are available
    • Utility: New, non-obvious, useful process, machines, compositions
    • Design: New, original and aesthetically pleasing designs
    • Plant: New varieties of plants that reproduce asexually

    Obtaining Patents

    • File application and pay filing fee
    • Explain the invention; show difference from prior similar inventions; describe important aspects
    • Evaluation by the patent examiner

    Patents Characteristics

    • Novelty: Invention different from previous inventions
    • Non-obviousness: Difficult to achieve
    • Utility: Ability to achieve a desired result

    Association for Molecular Pathology v. Myriad Genetics

    • The Supreme Court case ruled that naturally occurring DNA cannot be patented, but cDNA can
    • 133 S.Ct. 2107 (2013) decision

    Alice Corporation Pty. Ltd v. CLS Bank Int'l

    • Abstract ideas cannot be patented just because they are on a computer
    • 134 S.Ct. 2347 (2014) decision

    Patent Enforcement

    • Patent owner can sue for injunction and damages
    • Overlapping rights can provide opportunities for firms to purchase patent rights to sue others
    • Patent trolls: Companies that purchase patent rights

    Trademarks

    • Marks on products or services that represent their origin.
    • Distinctiveness critical. Marks can be protected from confusion with others.
    • Lanham Act of 1946. Protects: trademarks, service marks, certification marks, collective marks, and trade dress.

    Trademark Registration

    • Interstate commerce usage required.
    • Restrictions on prohibited or reserved names/designs, names or likenesses without permission, descriptive terms, generic terms, disparaging terms, immoral or scandalous terms

    Matal v. Tam and Iancu v. Brunetti

    • First Amendment issues and the validity of the Lanham Act restrictions on "immoral" or "scandalous" trademarks.
    • Matal v. Tam (2017): Disparagement Clause (1744) invalidated.
    • Iancu v. Brunetti (2019): The "immoral" or "scandalous" restrictions on patenting (2294) invalidated.

    Trademark Infringement

    • Unauthorized use of the mark is a violation that can lead to damages or injunction to stop behavior.

    Trademark Dilution: Federal Trademark Dilution Act of 1995

    • Stops use of similar marks that devalue famous brands
    • Blurring: Uses a mark causing confusion, unclear connection to original brand
    • Tarnishment: Negative perception due to usage by another
    • Monopoly on copying and marketing of original works for a limited time.
    • Ownership critical
    • Original expression required.
    • Must be fixed in some tangible medium.
    • Violation of ownership rights relating to copying, creating derivative works, and distributing existing works.
    • Includes copying for criticism, news reporting, teaching, scholarship.

    Financial & Securities Regulation

    • Secuirites Act of 1933. Discloses financial information.
    • Securities Exchange Act of 1934. Regulates trading after initial sale.

    Limited Liability Partnerships (LLPs) and Limited Liability Companies (LLCs)

    • Limited liability organizations combine aspects of partnerships and corporations, offering limited liability to members.

    Administrative Agencies

    • Rule-making, investigating, and providing services.
    • Legislative, executive, and judicial powers for agencies.
    • Appointments by senate, with other rules relating to appointment.

    Business Organizations

    • Sole proprietorships, partnerships, corporations, limited liability partnerships, and limited liability companies.
    • Factors to consider when choosing a form.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    Description

    Explore the essentials of intellectual property, focusing on copyright, trademark, patent, and trade secrets. This quiz covers the legal frameworks, examples, and key cases like Al Minor & Associates v. Martin. Test your knowledge on the importance of protecting creative work and the implications of trade secret laws.

    More Like This

    Intellectual Property Management
    12 questions
    Intellectual Property Protection
    10 questions
    Intellectual Property Protection Overview
    18 questions
    Use Quizgecko on...
    Browser
    Browser