Unit 6 Review Property Law

Front

Indicate whether the statement is true or false. No individual or business is given unlimited rights to any of their properties.

Back

True

Front

Indicate whether the statement is true or false. Most people do not own some sort of personal property.

Back

False

Front

Indicate whether the statement is true or false. The whole purpose behind intellectual property is products of human intellect should be given the same protective rights as physical property.

Back

True

Front

Indicate whether the statement is true or false. When a business or individual has the rights to intellectual property they can apply for a patent, copyright, or trademark.

Back

True

Front

Indicate whether the statement is true or false. Trade secrets are a way for businesses to keep certain things classified.

Back

True

Front

Indicate whether the statement is true or false. Patents are good for 10 years and then you have to renew them.

Back

False

Front

Indicate whether the statement is true or false. Trademarks are good indefinitely and are extremely important to businesses and organizations.

Back

True

Front

Indicate whether the statement is true or false. Every state has the same property laws when it comes to ownership and transfers of property.

Back

False

Front

Indicate whether the statement is true or false. If you infringe on intellectual property you can be charged with criminal charges.

Back

True

Front

Indicate whether the statement is true or false. A valid gift requires a donor, donee, identifiable thing, intention to donate, and delivery.

Back

True