Page contents

TESTBANK CAPITAL

TESTBANK CAPITAL

Home>Business>The Legal Environment of Business 11th Edition by Roger E. Meiners – Test Bank
The Legal Environment of Business 11th Edition by Roger E. Meiners - Test Bank
Sale

The Legal Environment of Business 11th Edition by Roger E. Meiners – Test Bank

Add your review

Instant delivery only

In Stock

$28.00

Add to Wishlist
Add to Wishlist
Wishlist
Compare
SKU:tb1001220

The Legal Environment of Business 11th Edition by Roger E. Meiners – Test Bank

Chapter 9

Intellectual Property

TEST BANK

  1. Trademarks, trade names, patents, and copyrights represent a category of property called:
  2. intangible property
  3. tangible property
  4. real property
  5. statutory property
  6. personal property

ANSWER: a (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Trademarks, trade names, patents, and copyrights represent a category of property called:
  2. tangible property
  3. real property
  4. statutory property
  5. personal property
  6. none of the other choices

ANSWER: e (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Intangible property is property that:
  2. is invisible and impossible to hold
  3. is tangible and concrete
  4. is not taxable
  5. is not for sale
  6. cannot be sold for profit

ANSWER: a (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Intangible property is property that:
  2. cannot be sold for profit
  3. is tangible and concrete
  4. is not taxable
  5. is not for sale
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. ________________ is property that may be invisible and impossible to hold.
  2. intangible property
  3. good property
  4. real property
  5. temporary property
  6. actual property

ANSWER: a (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. ________________ is property that may be invisible and impossible to hold.
  2. actual property
  3. good property
  4. real property
  5. temporary property
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Which of the following is an example of intangible property:
  2. trademarks
  3. copyrights
  4. patents
  5. trade secrets
  6. all of the other specific choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Which of the following is an example of intangible property:
  2. computers
  3. furniture
  4. land
  5. trade secrets
  6. all of the other specific choices are correct

ANSWER: d (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Which of the following is an example of intangible property:
  2. computers
  3. furniture
  4. land
  5. patents
  6. all of the other specific choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Which of the following is an example of intangible property:
  2. computers
  3. furniture
  4. copyrights
  5. land
  6. all of the other specific choices are correct

ANSWER: c (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Intellectual property is created by:
  2. physical labor
  3. intellectual effort
  4. standard industry processes
  5. strictly unwritten methods
  6. when groups of more than three individuals agree on an idea

ANSWER: b (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Intellectual property is created by:
  2. physical labor
  3. when groups of more than three individuals agree on an idea
  4. standard industry processes
  5. strictly unwritten methods
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Which is not a form of intellectual property?
  2. trademarks
  3. buildings
  4. copyrights
  5. trade secrets
  6. patents

ANSWER: b (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Which is not a form of intellectual property?
  2. trademarks
  3. copyrights
  4. trade secrets
  5. patents
  6. all of the other choices are forms of intellectual property

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Protection for intellectual property dates back to:
  2. the Constitution
  3. soon after the Civil War
  4. the early 1900s
  5. the 1950s
  6. the 1960s

ANSWER: a (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Protection for intellectual property dates back to:
  2. just after WWI
  3. soon after the Civil War
  4. about 1900
  5. the 1950s
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The ___________________ is responsible for issuing patents.
  2. Commissioner of Patents and Trademarks
  3. Protector of Property
  4. Commissioner of Intellectual Property
  5. Secretary of State
  6. Supreme Court

ANSWER: a (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The ___________________ is responsible for issuing patents.
  2. Supreme Court
  3. Protector of Property
  4. Commissioner of Intellectual Property
  5. Secretary of State
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The ___________________ is responsible for registering copyrights.
  2. Patent Office
  3. Commissioner of Patents and Trademarks
  4. Commissioner of Patents and Copyrights
  5. Copyright Office
  6. Intellectual Property Office

ANSWER: d (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Of the approximately 190,000 patents issued annually by the Commissioner of Patents and Trademarks:
  2. two-thirds are to Americans and one-third is to foreigners
  3. all are to Americans
  4. all are to foreigners
  5. half are to Americans and half are to foreigners
  6. two-fifths are to Americans and three-fifths are to foreigners

ANSWER: d (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. Of the approximately 190,000 patents issued annually by the Commissioner of Patents and Trademarks:
  2. two-thirds are to Americans and one-third is to foreigners
  3. all are to Americans
  4. all are to foreigners
  5. two-fifths are to Americans and three-fifths are to foreigners
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The ___________________ is responsible for registering copyrights.
  2. Patent Office
  3. Commissioner of Patents and Trademarks
  4. Commissioner of Patents and Copyrights
  5. Intellectual Property Office
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The Copyright Office registers more than _____________ copyrights annually.
  2. 1 million
  3. 2 million
  4. 600,000
  5. 900.000
  6. there are no statistics kept on how many copyrights are registered

ANSWER: c (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The Copyright Office registers more than _____________ copyrights annually.
  2. 1 million
  3. 2 million
  4. 100,000
  5. there are no statistics kept on how many copyrights are registered
  6. none of the other choices are correct

ANSWER: e (page 237)

National: AACSB Analytic; AICPA BB-Legal

  1. The law provides protection to intellectual property owners through which legal action?
  2. malicious prosecution
  3. assault
  4. infringement
  5. slander
  6. infliction of emotional distress

ANSWER: c (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. The law provides protection to intellectual property owners through which legal action?
  2. malicious prosecution
  3. assault
  4. slander
  5. infliction of emotional distress
  6. none of the other choices

ANSWER: e (page 238)

National: AACSB Analytic; AICPA BB-Legal

  1. Intellectual property owners can sue for ________________ if their intellectual property is used without authorization.
  2. battery
  3. infringement
  4. slander
  5. hearsay
  6. emotional distress

ANSWER: b (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Intellectual property owners can sue for ________________ if their intellectual property is used without authorization.
  2. battery
  3. emotional distress
  4. slander
  5. hearsay
  6. none of the other choices are correct

ANSWER: e (page 238)

National: AACSB Analytic; AICPA BB-Legal

  1. Infringement is:
  2. using legally obtained intellectual property for criminal activity
  3. wrongful use of intellectual property with the owner’s permission
  4. wrongful, unauthorized use of intellectual property in violation of the owner’s rights
  5. wrongful, authorized use of intellectual property in violation of the owner’s rights
  6. none of the other choices are correct

ANSWER: c (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Infringement is:
  2. using legally obtained intellectual property for criminal activity
  3. wrongful use of intellectual property with the owner’s permission
  4. use of intellectual property after its copyright has run out
  5. wrongful, authorized use of intellectual property in violation of the owner’s rights
  6. none of the other choices are correct

ANSWER: e (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. A trademark may be a:
  2. logo
  3. word
  4. design
  5. phrase
  6. all of the other choices

ANSWER: e (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. A trademark would not include a:
  2. phrase
  3. name
  4. design
  5. word
  6. all of the other choices could be trademarks

ANSWER: e (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. Logos, words, designs and phrases are all examples of things that could be:
  2. trademarks
  3. real property
  4. physical property
  5. tangible property
  6. none of the other choices are correct

ANSWER: a (page 238)

National: AACSB Analytic; AICPA BB-Legal

  1. A commercial symbol that a manufacturer prints on its goods so they can be readily identified in the marketplace is a(n):
  2. symbol
  3. marker
  4. trademark
  5. intangible marker
  6. patent

ANSWER: c (page 238)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. A commercial symbol that a manufacturer prints on its goods so they can be readily identified in the marketplace is a(n):
  2. hieroglyphic
  3. marker
  4. patent
  5. intangible marker
  6. none of the other choices are correct

ANSWER: e (page 238)

National: AACSB Analytic; AICPA BB-Legal

  1. The registration process of trademarks is provided by:
  2. the Lanham Act
  3. the Carver Act
  4. the Trademark Act
  5. the Intellectual Property Act
  6. the Second Amendment

ANSWER: a (page 239)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. The registration of trademarks is provided by:
  2. the Second Amendment
  3. the Carver Act
  4. the Trademark Act
  5. the Intellectual Property Act
  6. none of the other choices are correct

ANSWER: e (page 239)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. The Lanham Act provides for:
  2. the process for applying for patents
  3. the copyright of books
  4. the registration of trademarks
  5. the use by government of all patents
  6. the prosecution of patent infringers

ANSWER: c (page 239)

National: AACSB Analytic; Communication; AICPA BB-Legal

  1. The Lanham Act provides for:
  2. the process for applying for patents
  3. the copyright of books
  4. the creation of trademarks by the government
  5. the use by government of all patents
  6. none of the other choices

ANSWER: e (page 239)

National: AACSB Analytic; AICPA BB-Legal

  1. As long as the owner continues to use and protect the trademark, the trademark’s exclusive use:
  2. can last up to 5 years
  3. can be perpetual
  4. can be used by others in non-profit endeavors
  5. can last up to, but not more than, 25 years
  6. none of the other choices are correct

ANSWER: b (page 239)

National: AACSB Analytic; AICPA BB-Legal

  1. As long as the owner continues to use and protect the trademark, the trademark’s exclusive use:
  2. can last up to 5 years
  3. can last for between 10 and 20 years, depending on the state
  4. can be used by others in non-profit endeavors
  5. can last up to, but not more than, 25 years
  6. none of the other choices are correct

ANSWER: e (page 239)

National: AACSB Analytic; AICPA BB-Legal

  1. Traditionally, the right to trademark protection was determined by:
  2. federal statute
  3. administrative regulation
  4. priority of use
  5. national registration
  6. by the U.S. Trademark Office

ANSWER: c (page 239)

Reviews

There are no reviews yet.

Write a review

Your email address will not be published. Required fields are marked *

Information

our services

My Account

Contact us

  • Address: 30 Riverhead Close
    London E17 5PY
  • Email: contact@testbankcapital.com

© 2022 TestBankCapital.com. All Rights Reserved

Product has been added to your cart
Close