SEM Honors II 1.01 Quiz

What is ticket scalping?

• The practice of using bots to bulk buy tickets from licensed sources and then sell them for a profit

• The practice of using bots to bulk buy tickets from unlicensed sources and then sell them for a profit

• The practice of using bots to bulk buy tickets from licensed sources and then give them away for free

What is Free Agency in professional sports?

• A player who is eligible to sign with other clubs or franchises

• A player who is under contract at present but who is allowed to solicit offers from other teams

• A player who is not under contract to any specific team

What is the Collective Bargaining Agreement between the NBPA and the NBA?

• An agreement to determine the terms and conditions of employment for all professional basketball players

• An agreement to set out the terms and conditions of employment for all professional baseball players

• An agreement to negotiate compensation and benefit packages for all players within a professional sports league

What is the difference between Licensee and Licensor?

• The licensee is the party that grants the license, while the licensor is the party that receives a license

• The licensee is the party that receives a license, while the licensor is the party that grants the license

• The licensee is the party that receives a license, while the licensor is the party that negotiates compensation and benefit packages for all players within a professional sports league

What is trademark infringement?

• The authorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services

• The unauthorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services

• The unauthorized use of a trademark or service mark on or in connection with goods and/or services in a manner that is likely to cause clarity and transparency about the source of the goods and/or services

What is a trademark?

• A type of intellectual property consisting of a recognizable sign, design, or expression that identifies a product or service from a particular source

• A type of intellectual property consisting of a recognizable sign, design, or expression that identifies a product or service from a particular source and distinguishes it from others

• A type of intellectual property consisting of a recognizable sign, design, or expression that identifies a product or service from a particular source and is used to deceive consumers

What is prize indemnity?

• Insurance that protects a business, nonprofit organization, or sponsor of a promotional event or contest that offers an expensive prize no one is guaranteed to win

• Insurance that protects a business, nonprofit organization, or sponsor of a promotional event or contest that offers an expensive prize that everyone is guaranteed to win

• Insurance that protects a business, nonprofit organization, or sponsor of a promotional event or contest that offers an inexpensive prize no one is guaranteed to win

What is the 2011 NBA lockout? (2 answers)

• A lockout that delayed the start of the 2011–12 regular season from November to December

• A lockout that reduced the regular season from 82 to 66 games

• A lockout that began on July 1, 2011 and ended on December 8, 2011

Both Slogans and Logos can be trademarked?

• True

• False

You cannot print a a licensed logo on your own personal items without paying for the license?

• True

• False