QUESTION 89
The vast majority of patents that are issued are
intellectual patents.
utility patents.
plant patents.
design patents.
1 points
QUESTION 90
Of the following, which is an advantage of trademark
registration?
It can't be used as an internet domain name.
It allows the trademark owner to use the TM symbol to put others
on notice of the protection.
Potential damages are lower.
After five years the mark becomes almost impossible to
challenge.
1 points
QUESTION 91
Intellectual property is
exclusive.
protected in the same way as land.
expensive to produce, copy, and transmit.
expensive to produce but cheap to reproduce and transmit.
1 points
QUESTION 92
Which is NOT a provision of the Digital Millennium Copyright
Act?
It is illegal to use copyrighted material under any
circumstances without permission of the creator.
It is illegal to circumvent encryption or scrambling
technologies that protect copyrighted works.
It is illegal to distribute tools and technologies designed to
circumvent encryption devices.
It is illegal to delete copyright information or distribute
false copyright information.
1 points
QUESTION 93
What is the best definition of a trade secret?
The right of an inventor to prevent others from making, using,
or selling his inventions for a limited time.
A formula, device, process, method, or compilation of
information that, when used in business, gives the owner an
advantage over competitors.
The right of a creator to exclusively reproduce, distribute, and
perform her work for a limited time.
Any combination of words and symbols that a business uses to
identify its products or services and distinguish them from
others.
1 points
QUESTION 94
A company's trade secret lasts for
as long as it is kept confidential.
70 years after the death of the creator.
20 years after the application is filed.
10 years, but it can be renewed for an unlimited number of terms
as long as it is used.
1 points
QUESTION 95
What is the name of the treaty that allows American patents to
be recognized and enforced in member countries?
the Berne Convention
the International Treaty of Trademarks and Patents
the World Agreement of London
the Paris Convention for the Protection of Industrial
Property
1 points
QUESTION 96
The Consumer Financial Protection Bureau (CFPB) was created to
represent consumers by filing suit in federal court asking for
damages on behalf of the injured consumer.
True
False
1 points
QUESTION 97
An employer cannot request a consumer report on a potential
employee without that person's permission.
True
False
1 points
QUESTION 98
For the FTC to consider a practice to be unfair,
it must meet a three-part test. Which of the following is NOT one
of those tests?
The practice causes a substantial consumer injury.
The harm of the injury outweighs any countervailing benefit.
The consumer had no reasonable way to recoup lost funds from the
injury.
The consumer could not reasonably avoid the injury.
1 points
QUESTION 99
Under the Fair and Accurate Credit Transactions Act (FACTA),
a creditor may not discriminate against a borrower on the basis
of race, sex, religion, or age.
a credit card company must promptly investigate and respond to
any consumer complaints about a credit card bill.
a debt collector may not harass or abuse debtors.
a consumer has the right to obtain one free credit report every
year from each of the three major reporting agencies.
1 points
QUESTION 100
"Bait-and-switch" is
advertising certain goods and then pressuring the customer to
buy different, more expensive goods.
selling the store brand at a lower price than the national
brand.
placing the store brand and the national brand side-by-side in a
store to confuse customers.
advertising a product for sale and then giving the customer a
rain check.
QUESTION 89 The vast majority of patents that are issued are intellectual patents. utility patents. plant patents. desig
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