Podcast
Questions and Answers
What is an exception to patent rights according to the Intellectual Property Code of the Philippines?
What is an exception to patent rights according to the Intellectual Property Code of the Philippines?
Under what circumstance can a person other than the applicant continue to use an invention?
Under what circumstance can a person other than the applicant continue to use an invention?
What is required under any law of the Philippines or of another country that regulates the manufacture, construction, use or sale of a product?
What is required under any law of the Philippines or of another country that regulates the manufacture, construction, use or sale of a product?
What is an exception to patent rights when a ship, vessel, aircraft, or land vehicle of another country enters the territory of the Philippines temporarily or accidentally?
What is an exception to patent rights when a ship, vessel, aircraft, or land vehicle of another country enters the territory of the Philippines temporarily or accidentally?
Signup and view all the answers
Under what circumstance can a patent right be transferred or assigned?
Under what circumstance can a patent right be transferred or assigned?
Signup and view all the answers
What is NOT an exception to patent rights according to the Intellectual Property Code of the Philippines?
What is NOT an exception to patent rights according to the Intellectual Property Code of the Philippines?
Signup and view all the answers
What is the main requirement for a trademark to be considered infringed?
What is the main requirement for a trademark to be considered infringed?
Signup and view all the answers
What is the type of confusion where the goods of the parties are different but the defendant's product can reasonably be assumed to originate from the plaintiff?
What is the type of confusion where the goods of the parties are different but the defendant's product can reasonably be assumed to originate from the plaintiff?
Signup and view all the answers
When is a literary or artistic work protected by copyright?
When is a literary or artistic work protected by copyright?
Signup and view all the answers
What is the primary difference between a trademark and a copyright?
What is the primary difference between a trademark and a copyright?
Signup and view all the answers
What is the term for a reproduction, counterfeit, copy, or colorable imitation of a registered trademark?
What is the term for a reproduction, counterfeit, copy, or colorable imitation of a registered trademark?
Signup and view all the answers
What is required for a trademark to be considered valid?
What is required for a trademark to be considered valid?
Signup and view all the answers
What is a requirement for a valid copyright infringement case?
What is a requirement for a valid copyright infringement case?
Signup and view all the answers
What is the purpose of the fair use exception?
What is the purpose of the fair use exception?
Signup and view all the answers
What is the right of attribution in the context of moral rights?
What is the right of attribution in the context of moral rights?
Signup and view all the answers
What is the exclusive economic right that is relevant to public display?
What is the exclusive economic right that is relevant to public display?
Signup and view all the answers
What is the purpose of the affidavit evidence in a copyright infringement case?
What is the purpose of the affidavit evidence in a copyright infringement case?
Signup and view all the answers
What is the right to preserve the integrity of the work?
What is the right to preserve the integrity of the work?
Signup and view all the answers
Where are applications for trademark, patent, utility model, industrial design, and patent cooperation treaty registered?
Where are applications for trademark, patent, utility model, industrial design, and patent cooperation treaty registered?
Signup and view all the answers
What is the primary purpose of registering a trademark?
What is the primary purpose of registering a trademark?
Signup and view all the answers
What type of transaction involves the trading of goods and services with money?
What type of transaction involves the trading of goods and services with money?
Signup and view all the answers
What is the symbol commonly used to represent copyright?
What is the symbol commonly used to represent copyright?
Signup and view all the answers
What is the primary purpose of financial accounting?
What is the primary purpose of financial accounting?
Signup and view all the answers
Where are copyright applications deposited in the Philippines?
Where are copyright applications deposited in the Philippines?
Signup and view all the answers
What type of transactions refer to those that are dealt with cash?
What type of transactions refer to those that are dealt with cash?
Signup and view all the answers
What is the purpose of a journal in accounting?
What is the purpose of a journal in accounting?
Signup and view all the answers
What is the equation for financial accounting?
What is the equation for financial accounting?
Signup and view all the answers
What type of account represents what a business owes?
What type of account represents what a business owes?
Signup and view all the answers
Which basis of accounting recognizes revenues when cash is received and expenses when they are paid?
Which basis of accounting recognizes revenues when cash is received and expenses when they are paid?
Signup and view all the answers
What summarizes the results of a business's financial transactions over a designated period of time?
What summarizes the results of a business's financial transactions over a designated period of time?
Signup and view all the answers
Study Notes
Patent Limitations
- Patent rights do not apply to acts done privately and for non-commercial purposes.
- Acts done for experimental purposes relating to the subject matter of the patent are also exempt.
- The use of a patented invention for the purpose of transportation, including the loading and unloading of transport vehicles, is exempt.
- Where the act consists of the preparation for individual cases, in a pharmacy or by a medical professional, of a medicine in accordance with a medical prescription.
- Where the invention is used in any ship, vessel, aircraft, or land vehicle of another country entering the territory of the Philippines temporarily or accidentally.
Prior User
- A person who, in good faith, started using the invention in the Philippines, or undertaken serious preparations to use the same, before the filing date or priority date of the application has the right to continue the use thereof.
- This right can only be transferred or assigned further with his enterprise or business.
Limitations of Patent Rights
- The owner of a patent has no right to prevent third parties from making, using, offering for sale, selling or importing a patented product in certain circumstances.
- This includes using a patented product after it has been put on the market in the Philippines by the owner of the product, or with his express consent.
Copyright Infringement
- Elements: Ownership of a valid copyright, and proof of ownership through an affidavit.
- Exercise of any of the exclusive economic rights in Section 177 without the consent of the copyright owner.
- Exceptions: Fair use, criticism, comment, news reporting, teaching, scholarship, research, and similar purposes.
Fair Use
- Fair use for criticism, comment, news reporting, teaching, scholarship, research, and similar purposes.
- Limited number of copies for classroom use.
Accounting Basics
- Financial accounting: Assets = Liabilities + Equity
- Steps: Identify transactions, prepare journal entries, post to general ledger, and prepare financial statements.
Types of Accounting Transactions
- Cash transactions: dealt with cash.
- Credit transactions: deferred cash transactions.
- Non-cash transactions: unrelated to transactions that specify if cash’s been paid or if it will be paid in the future.
Types of Accounts
- Assets: physical or non-physical types of property that add value to the business.
- Expenses: costs incurred during operations.
- Liabilities: represent what the business owes.
- Equity: shows how much the business is worth.
- Revenue: income earned by the business.
Basis of Accounting
- Cash basis: recognizes revenues when cash is received and expenses when they are paid.
- Accrual basis: revenues and expenses are recorded when they are earned or due.
Financial Statement
- Summarized results of business financial transactions over a designated period of time.
Trademark Infringement
- Use without consent of the trademark owner of any reproduction, counterfeit, copy, or colorable imitation.
- Elements: ownership of a trademark, reproduction, counterfeit, copy, or colorable imitation, no consent, use in connection with sale, and likelihood of confusion.
Types of Confusion
- Confusion of goods: as to the goods themselves.
- Confusion of business: as to the source or origin of such goods.
Intellectual Property
- Registration of applications for trademark, patent, utility model, industrial design, and patent cooperation treaty applications are filed with the Philippine Intellectual Property Office (IPO).
- Copyright applications are deposited with the IPO pursuant to an agreement with the Philippine National Library.
Symbols
- Copyright: ©
- Trademark: ™
- Registered: ®
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers the exceptions provided under the Intellectual Property Code of the Philippines, including cases where patent law does not apply. Test your knowledge on the exceptions to patent law in the Philippines.