WGU C713 (U4, M7) Intellectual property exam With Correct Answers Graded A+

How long can a trademark be protected under federal law? - indefinitely One reason for the legal protection of intellectual property is to promote -----? -Innovation What is a work considered once copyright has expired. - Public Domain Improper Misappropriation occurs when you obtain which protected item by using improper means - Trade Secrets In addition to phrases, symbols and designs, which of the following can also be trademarked? - Words What is the term for when copyrighted material is used in a satire or parody? -Application of the fair use doctrine What is the legal right that gives the author of qualifying subject matter, if the author meets other requirements established by law, the exclusive right to produce, sell, license, and distribute the work - Copyright A soft drink manufacturer protects a closely guarded formula for a recipe. What is the recipe an example of? - Trade Secret What is a grant by the federal government to the inventor of an invention for the exclusive right to use, sell and license the invention for a limited amount of time? - Patent. Which of the following intellectual properties is protected by the Lanham Act? - TrademarkKamal and Sara own a camping gear company. Kamal had the idea to make a new, bear-resistant tent. Sara and Kamal make a prototype together. Kamal and Sara Separately file for a patent, but Kamal submits his application first. Who will end up with patent rights to the tent? - Kamal, because he was the first to file. Lulu has invented a piece of machinery that automatically wraps gifts. Is if the first of its kinds. What type of patent should Lulu apply for? - Utility patent.