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8-3 Intellectual Property

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is Intellectual Property (IP)?

a)

A type of physical property

b)

Anything created from the mind, including inventions, ideas, designs, and literary and artistic works

c)

A form of government regulation

d)

A type of real estate

2.

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

a)

Copyright

b)

Patent

c)

Real Estate

d)

Trademark

3.

What does a utility patent protect?

a)

The name of a company or product

b)

The visual qualities of a manufactured item

c)

New and useful processes and machines

d)

Asexually reproduced plants

4.

How long is a design patent valid from the date of issuance?

a)

25 years

b)

20 years

c)

15 years

d)

10 years

5.

What is a trademark?

a)

A form of copyright

b)

A type of trade secret

c)

A type of patent

d)

A symbol, word, or set of words that represents a company, product, or service

6.

What is the fair use doctrine?

a)

A regulation that permits the use of trademarks without restrictions

b)

A rule that allows the use of any intellectual property for educational purposes

c)

A doctrine that authorizes limited and legal use of copyrights without permission for specific purposes

d)

A law that allows unlimited use of copyrighted material

7.

What is a trade secret?

a)

A publicly disclosed formula

b)

A registered patent

c)

A design, formula, process, or device that has economic value and is kept confidential

d)

A type of copyright

8.

What is the consequence of IP theft?

a)

It results in automatic patent approval

b)

It leads to the creation of new copyrights

c)

It is addressed with remedies such as injunctions and damages

d)

It allows free use of the stolen IP

9.

What is a licensing agreement?

a)

A contract that grants permission to use IP under specified conditions

b)

A type of copyright registration

c)

A form of patent application

d)

A document that transfers ownership of IP

10.

What is reverse engineering?

a)

A method of registering a trademark

b)

A way to extend the life of a patent

c)

The process of examining a product to understand its design and functionality

d)

The process of creating a new invention