Protecting Company Information and Intangibles Quiz

What is intellectual property?

• A type of real estate

• A legal definition of ideas, inventions, and artistic works

• A physical asset owned by a company

• A type of financial investment

Which legal means can protect intellectual property?

• Mortgages and loans

• Patents, copyrights, and trademarks

• Insurance policies

• Employment contracts

What is an example of a trade secret?

• A company's logo

• A patented invention

• The Coca-Cola formula

• A published book

What must be established to prove intellectual property infringement?

• A public announcement

• A competitor's confession

• A financial loss

• A date of origination

What is a common result of improper use of intellectual property?

• Increased sales

• Court cases

• Higher taxes

• Employee promotions

What is a key step in protecting intangible assets?

• Hiding them

• Selling them

• Identifying them

• Ignoring them

What can be protected as a trade secret?

• A historical fact

• A public domain song

• A company's pricing methodologies

• A government document

What is an example of copyright infringement?

• Copying a public domain book

• Illegally downloading songs

• Using a generic logo

• Using a patented invention

What is a trademark?

• A type of patent

• A secret recipe

• A symbol, word, or logo that differentiates products

• A financial document

What is patent infringement?

• Copying a copyrighted book

• Using a trademarked logo

• Stealing a trade secret

• Making or selling a patented product without permission