What is Intellectual Property (IP)?

• Physical assets of a company
• Intangible creations of the human mind
• A type of software
• A business model

Which organization oversees IP policy in Singapore?

• Ministry of Finance
• Ministry of Law
• Ministry of Education
• Ministry of Trade and Industry

What is the main purpose of intellectual property law?

• To limit creativity
• To encourage the creation of intellectual goods
• To tax intellectual goods
• To restrict the use of the internet

Which of the following is NOT a type of intellectual property?

• Copyrights
• Patents
• Trademarks
• Business strategies

What does the Personal Data Protection Act (PDPA) in Singapore regulate?

• The use of physical property
• The collection, use, and disclosure of personal data
• The sale of intellectual property
• The distribution of physical goods

What is a consequence of not adhering to the PDPA?

• Immediate ban from doing business
• A fine not exceeding $1 million
• Mandatory jail time for all employees
• Public apology in national media

What is one of the steps to mitigate data breaches?

• Ignore potential threats
• Limit employee access to confidential information
• Share passwords among team members for ease of access
• Use outdated security software

Why is corporate governance and privacy policy important for customer data?

• It decreases business efficiency
• It ensures compliance and builds consumer trust
• It makes data breaches more manageable
• It is only a formality with no real importance

What cannot be registered as a trademark?

• Marks that are descriptive
• Unique business names
• Innovative product designs
• Distinctive logos

Which is a duty when using the Do Not Call (DNC) Registry?

• To call numbers listed on the DNC for market research
• To check the DNC Registry before sending telemarketing messages
• To ignore the DNC Registry if the business is small
• To use the DNC Registry only for international calls