Basics Flashcards
(73 cards)
What does IP stand for in the context of law?
Intellectual Property
True or False: Intellectual Property is a legal concept that includes inventions, designs, and brands.
True
What are the main types of Intellectual Property?
Patents, Trademarks, Copyrights, and Trade Secrets
Fill in the blank: A ______ is a legal right that grants the inventor exclusive rights to their invention for a limited time.
Patent
What is the duration of copyright protection for an individual author in most jurisdictions?
Life of the author plus 70 years
Multiple Choice: Which of the following is NOT a type of Intellectual Property? A) Trade Secret B) Trademark C) Contract D) Patent
C) Contract
True or False: Trademarks can be renewed indefinitely as long as they are in use.
True
What is the purpose of a trademark?
To distinguish the goods or services of one party from those of others.
Fill in the blank: A ______ is a secret formula, practice, process, or design that gives a business a competitive edge.
Trade Secret
What is the main function of copyright?
To protect the expression of ideas in a fixed medium.
Multiple Choice: Which of the following is NOT protected by copyright? A) A song B) A cooking recipe C) A novel D) A painting
B) A cooking recipe
True or False: IP rights can be transferred or sold.
True
What is the term for using someone else’s IP without permission?
Infringement
Fill in the blank: The ______ Act is the primary law governing copyright in the United States.
Copyright
Short Answer: What is the role of the World Intellectual Property Organization (WIPO)?
To promote the protection of intellectual property worldwide.
Multiple Choice: A patent for an invention is typically granted for how long? A) 10 years B) 20 years C) 50 years D) 70 years
B) 20 years
True or False: Only original works can be copyrighted.
True
What is a collective mark?
A trademark used by members of a collective group or association.
Fill in the blank: The ______ is a type of IP that protects the design and shape of a product.
Design Patent
Short Answer: What is the difference between a registered trademark and an unregistered trademark?
A registered trademark has been officially recorded with the relevant government office, while an unregistered trademark has not.
Multiple Choice: Which of the following is a requirement for obtaining a patent? A) Novelty B) Obviousness C) Utility D) All of the above
D) All of the above
True or False: Copyright gives the owner the right to control the reproduction of their work.
True
What is the primary purpose of a non-disclosure agreement (NDA)?
To protect confidential information shared between parties.
Fill in the blank: The ______ is a legal document that allows one party to use another party’s trademark under specified conditions.
License