Pre-assessment: Module 4-6

What does Intellectual Property (IP) refer to?

• Tangible assets like cash and stocks

• Creations of the mind such as inventions and artistic works

• Physical items like cars and land

• Legal documents for business transactions

Which of the following is NOT a purpose of Intellectual Property Law?

• Protecting creators' rights

• Fostering innovation

• Promoting economic growth

• Encouraging piracy

What does copyright protect?

• The physical form of a product

• The specific expression of concepts

• The underlying ideas of a work

• The financial benefits of a creator

Which of the following is a requirement for patentability?

• The invention must be inexpensive to produce

• The invention must be a physical object

• The invention must be widely known

• The invention must demonstrate novelty

What is a trademark?

• A form of digital rights management

• A type of copyright

• A legal protection for brand identity

• A method of patenting inventions

What is the purpose of Digital Rights Management (DRM)?

• To enhance user experience

• To protect digital content from unauthorized access

• To promote free access to information

• To increase the physical sales of products

What is software piracy?

• The legal use of software

• Unauthorized copying or distribution of software

• The sale of software licenses

• The process of creating new software

How does intellectual property law foster innovation?

• By promoting the use of trade secrets

• By eliminating competition

• By ensuring creators receive recognition and financial rewards

• By restricting access to information

What is a trade secret?

• A public domain work

• Confidential business information

• A form of copyright

• A type of patent

Which of the following is a consequence of copyright infringement?

• Automatic copyright for the infringer

• Legal protection for the infringer

• Increased public access to information

• Fines or monetary damages