ARM 402 CORE MAIN QUESTIONS AND ANSWERS
SET A+
✔✔Copyrights are generally owned by the person (author) who created the work,
except when the work
A. Has not been registered with the U.S. Copyright Office.
B. Was jointly prepared by two or more authors.
C. Was created in a reproducible medium such as video or audio tape.
D. Was created in the course of the author's employment. - ✔✔D
✔✔The product of human intelligence that has economic value defines
A. Trade secret.
B. Infringement.
C. Copyright.
D. Intellectual property. - ✔✔D
✔✔Which one of the following criteria must a creative work meet to be eligible for
copyright protection?
A. The work must be created in the course of the individual's employment.
B. The work must be created on commission.
C. The work must not be reproducible.
D. The work must be original. - ✔✔D
✔✔Which one of the following is a risk control measure that can be applied to copyright
infringement?
A. Unrestrictive covenants
B. Duplication
C. Registration
D. Insurance - ✔✔C
✔✔Hadley Computer Manufacturing is being sued by another computer manufacturer
because Hadley's logo is written in such a way that it confuses consumers regarding
,which manufacturer is the creator of the product. This is an example of an infringement
of
A. Patent.
B. Servicemark.
C. Trademark.
D. Copyright. - ✔✔C
✔✔The way that an organization differentiates its services from its competitors services
is a
A. Trade dress.
B. Trademark.
C. Descriptive mark.
D. Servicemark. - ✔✔D
✔✔Since there is no formal process for creating a trade secret, the risk control
measures associated with trade secret loss control focus on maintaining
A. Disclosure.
B. Secrecy.
C. Legality.
D. Accountability. - ✔✔B
✔✔A trademark that has been entered on the U.S. Patent and Trademark Office
(USPTO) Principal Register is automatically protected
A. For 25 years.
B. For 10 years.
C. For 5 years.
D. Indefinitely. - ✔✔B
✔✔The determination that an invention is actually a trade secret is
A. Often made by the courts.
B. Authenticated by the length of time the invention has been in use.
C. Confirmed by a search of the trade secret registry.
D. Established by customs and traditions of the trade for which the invention is used. -
✔✔A
✔✔An organization wants to create a trademark for its line of products. Which one of
the following risk control measures for trademarks should the organization use to avoid
the possibility of infringing on someone else's trademark?
A. Searches and watches
B. Restrictive covenants
C. Registration
D. Notice - ✔✔A
✔✔Which one of the following statements is true regarding a trade secret?
A. A trade secret has a limited life span.
,B. A trade secret is created with a formal application.
C. A trade secret in force for 10 years automatically receives a patent.
D. A trade secret remains in force for as long as the secret can be maintained. - ✔✔D
✔✔A practice or method used confidentially by an organization to gain a competitive
advantage is
A. A trademark.
B. A trade secret.
C. A patent.
D. Goodwill. - ✔✔B
✔✔A patent has a limited life span depending on the type of patent; however, which one
of the following types of intellectual property protection can be maintained indefinitely?
A. Trade secret
B. Trademark
C. Copyright
D. Descriptive mark - ✔✔A
✔✔Agri-Lab is a small agricultural products company. Last year, the company patented
a new method for extracting ethanol from grain. The Agri-Lab method reduces the cost
of this process by over 40%. GrainCom is an agricultural conglomerate that owns huge
supplies of grain. GrainCom offered to purchase Agri-Lab (the company) for $40 million,
based on the money it would make by applying Agri-Lab's process to the grain it owns
and grain it may purchase in the future. The value of GrainCom's bid to purchase Agri-
Lab is based on which rationale for assigning a value to intellectual property?
A. To use in the acquisition of capital
B. For merger and acquisition purposes
C. For accounting and tax purposes
D. To license its use by others - ✔✔B
✔✔One of the essential steps in selecting new operators for any motor vehicle is
A. Finding prospects through advertising, pre-screening, and reviewing applications.
B. Assuring that the operator's state of residence has lenient licensing standards.
C. Providing training in traffic laws of the jurisdictions that the operators will be
traversing.
D. Rewarding outstanding performance or disciplining substandard performance. - ✔✔A
✔✔A vehicle selection factor that means the vehicles selected for use by a company
have the same design, use the same parts, and have the same operating procedures is
fleet
A. Equity.
B. Uniformity.
C. Reliability.
D. Suitability. - ✔✔B
, ✔✔Adverse weather conditions that can threaten the safe delivery of cargo arise from
which one of the following environments?
A. Competitive
B. Economic
C. Legal
D. Physical - ✔✔D
✔✔Cargo is least likely to be damaged when
A. Drivers do not interfere with loading procedures or securing cargo.
B. Vehicle schedules are demanding and tightly coordinated.
C. The selected route is the shortest in terms of mileage from point to point.
D. A suitable vehicle is selected for transporting the specific cargo. - ✔✔D
✔✔Which one of the following types of systems used in fleet safety can sense when a
vehicle is traveling too fast in a curve and automatically apply the vehicle's brakes?
A. Antilock brake system
B. Speed regulating system
C. Onboard tire inflation system
D. Stability control system - ✔✔D
✔✔Onboard computers enhance motor vehicle fleet safety when the data are
A. Provided only to individual drivers rather than to risk managers.
B. Compiled into a national database for statistical purposes.
C. Used to improve operator performance.
D. Uploaded directly to insurers' databases. - ✔✔C
✔✔Eliminating old vehicles and retiring or reassigning aging operators is an example of
which one of the following phases in the system life cycle for a motor fleet?
A. Operational phase
B. Engineering and design phase
C. Disposal phase
D. Conceptual phase - ✔✔C
✔✔Which one of the following safety technologies for fleet operations prevents a
vehicle's brakes from locking up and perpetuating a loss of traction during a skid?
A. Lane departure warning system
B. Antilock braking system
C. Forward collision warning system
D. Stability control system - ✔✔B
✔✔Frozen food spoiling in an unrefrigerated vehicle is an example of
A. A tort.
B. Poor driver training.
C. Vicarious liability.
SET A+
✔✔Copyrights are generally owned by the person (author) who created the work,
except when the work
A. Has not been registered with the U.S. Copyright Office.
B. Was jointly prepared by two or more authors.
C. Was created in a reproducible medium such as video or audio tape.
D. Was created in the course of the author's employment. - ✔✔D
✔✔The product of human intelligence that has economic value defines
A. Trade secret.
B. Infringement.
C. Copyright.
D. Intellectual property. - ✔✔D
✔✔Which one of the following criteria must a creative work meet to be eligible for
copyright protection?
A. The work must be created in the course of the individual's employment.
B. The work must be created on commission.
C. The work must not be reproducible.
D. The work must be original. - ✔✔D
✔✔Which one of the following is a risk control measure that can be applied to copyright
infringement?
A. Unrestrictive covenants
B. Duplication
C. Registration
D. Insurance - ✔✔C
✔✔Hadley Computer Manufacturing is being sued by another computer manufacturer
because Hadley's logo is written in such a way that it confuses consumers regarding
,which manufacturer is the creator of the product. This is an example of an infringement
of
A. Patent.
B. Servicemark.
C. Trademark.
D. Copyright. - ✔✔C
✔✔The way that an organization differentiates its services from its competitors services
is a
A. Trade dress.
B. Trademark.
C. Descriptive mark.
D. Servicemark. - ✔✔D
✔✔Since there is no formal process for creating a trade secret, the risk control
measures associated with trade secret loss control focus on maintaining
A. Disclosure.
B. Secrecy.
C. Legality.
D. Accountability. - ✔✔B
✔✔A trademark that has been entered on the U.S. Patent and Trademark Office
(USPTO) Principal Register is automatically protected
A. For 25 years.
B. For 10 years.
C. For 5 years.
D. Indefinitely. - ✔✔B
✔✔The determination that an invention is actually a trade secret is
A. Often made by the courts.
B. Authenticated by the length of time the invention has been in use.
C. Confirmed by a search of the trade secret registry.
D. Established by customs and traditions of the trade for which the invention is used. -
✔✔A
✔✔An organization wants to create a trademark for its line of products. Which one of
the following risk control measures for trademarks should the organization use to avoid
the possibility of infringing on someone else's trademark?
A. Searches and watches
B. Restrictive covenants
C. Registration
D. Notice - ✔✔A
✔✔Which one of the following statements is true regarding a trade secret?
A. A trade secret has a limited life span.
,B. A trade secret is created with a formal application.
C. A trade secret in force for 10 years automatically receives a patent.
D. A trade secret remains in force for as long as the secret can be maintained. - ✔✔D
✔✔A practice or method used confidentially by an organization to gain a competitive
advantage is
A. A trademark.
B. A trade secret.
C. A patent.
D. Goodwill. - ✔✔B
✔✔A patent has a limited life span depending on the type of patent; however, which one
of the following types of intellectual property protection can be maintained indefinitely?
A. Trade secret
B. Trademark
C. Copyright
D. Descriptive mark - ✔✔A
✔✔Agri-Lab is a small agricultural products company. Last year, the company patented
a new method for extracting ethanol from grain. The Agri-Lab method reduces the cost
of this process by over 40%. GrainCom is an agricultural conglomerate that owns huge
supplies of grain. GrainCom offered to purchase Agri-Lab (the company) for $40 million,
based on the money it would make by applying Agri-Lab's process to the grain it owns
and grain it may purchase in the future. The value of GrainCom's bid to purchase Agri-
Lab is based on which rationale for assigning a value to intellectual property?
A. To use in the acquisition of capital
B. For merger and acquisition purposes
C. For accounting and tax purposes
D. To license its use by others - ✔✔B
✔✔One of the essential steps in selecting new operators for any motor vehicle is
A. Finding prospects through advertising, pre-screening, and reviewing applications.
B. Assuring that the operator's state of residence has lenient licensing standards.
C. Providing training in traffic laws of the jurisdictions that the operators will be
traversing.
D. Rewarding outstanding performance or disciplining substandard performance. - ✔✔A
✔✔A vehicle selection factor that means the vehicles selected for use by a company
have the same design, use the same parts, and have the same operating procedures is
fleet
A. Equity.
B. Uniformity.
C. Reliability.
D. Suitability. - ✔✔B
, ✔✔Adverse weather conditions that can threaten the safe delivery of cargo arise from
which one of the following environments?
A. Competitive
B. Economic
C. Legal
D. Physical - ✔✔D
✔✔Cargo is least likely to be damaged when
A. Drivers do not interfere with loading procedures or securing cargo.
B. Vehicle schedules are demanding and tightly coordinated.
C. The selected route is the shortest in terms of mileage from point to point.
D. A suitable vehicle is selected for transporting the specific cargo. - ✔✔D
✔✔Which one of the following types of systems used in fleet safety can sense when a
vehicle is traveling too fast in a curve and automatically apply the vehicle's brakes?
A. Antilock brake system
B. Speed regulating system
C. Onboard tire inflation system
D. Stability control system - ✔✔D
✔✔Onboard computers enhance motor vehicle fleet safety when the data are
A. Provided only to individual drivers rather than to risk managers.
B. Compiled into a national database for statistical purposes.
C. Used to improve operator performance.
D. Uploaded directly to insurers' databases. - ✔✔C
✔✔Eliminating old vehicles and retiring or reassigning aging operators is an example of
which one of the following phases in the system life cycle for a motor fleet?
A. Operational phase
B. Engineering and design phase
C. Disposal phase
D. Conceptual phase - ✔✔C
✔✔Which one of the following safety technologies for fleet operations prevents a
vehicle's brakes from locking up and perpetuating a loss of traction during a skid?
A. Lane departure warning system
B. Antilock braking system
C. Forward collision warning system
D. Stability control system - ✔✔B
✔✔Frozen food spoiling in an unrefrigerated vehicle is an example of
A. A tort.
B. Poor driver training.
C. Vicarious liability.
