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Introduction to Intellectual Property Rights and Enforcement in the Philippines TEST BANK Practice Questions with correct answers Chamberlain College of Nursing

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Introduction to Intellectual Property Rights and Enforcement in the Philippines TEST BANK Practice Questions with correct answers Chamberlain College of Nursing

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Introduction to Intellectual Property Rights and
Enforcement in the Philippines TEST BANK
Practice Questions with correct answers
Chamberlain College of Nursing
What is Intellectual Property? Distinct creations or products of the human mind.

What are Intellectual Property Rights? A set of exclusive rights protecting distinct

creations or products.

What is the governing law for Intellectual R.A. 8293 - The Intellectual Property Code.

Property in the Philippines?

What is the purpose of R.A. 10372? To amend certain provisions of RA 8293.

What is IP Management? A system that manages distinct creations or

products of the human mind, encompassing

different IP Rights.

Why is it important to protect your IP? To learn the benefits of IP, raise awareness, and

appreciate the limitations of the IP system.

What are the types of Intellectual Property Patent, Utility Model, Industrial Design,

Rights? Trademark, Geographical Indication, Copyright,

Trade Secrets.

, What does a Patent protect? The technical function of an invention.

What is the term of protection for a Patent? 20 years from the date of filing, non-renewable.

What is the term of protection for a Utility 7 years from the date of filing, non-renewable.

Model?

What does Industrial Design protect? The aesthetic or appearance of a product.

What is the term of protection for an Industrial Initial 5 years, renewable for two consecutive 5-

Design? year periods for a total of 15 years.

What does a Trademark protect? The brand or name of a product.

What is the term of protection for a Trademark? 10 years, renewable every 10 years.

What does Copyright protect? The expression of ideas, not the underlying

technology.

What is the term of protection for Copyright? Lifetime of the author plus 50 years after death.

What are Trade Secrets? Confidential business information that provides a

competitive edge.

What are the limitations of Intellectual Property Exclusive right limitations, time limitations, fee

rights? considerations, first to file system, and prejudicial

disclosure.

What is the significance of the 'first to file' The person with the earliest filing date is

system? considered the first to file.

What is Non-prejudicial Disclosure? Disclosure of information before filing does not

affect novelty if made by the inventor or

authorized person.

Why is raising IP awareness important? To educate and train employees about the

importance of IP and proper handling procedures.

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