GEB 3375 Exam 2 (UCF) Questions & Answers Solved 100% Correct!!

In general, is it fair to assume that laws in foreign countries are the same or different than in the US? A. the laws of different countries are based on entirely different legal systems B. every country has the same laws C. what's legal in one country is legal in another country D. all of the above - Answer-A _____________________________ is the buyer and seller stipulate in their contract will be resolved without going to court. A. patenting B. arbitration C. litigation D. WIPO - Answer-B T/F - A key problem with litigation is where the litigation should occur, each country and state has laws to determine exactly this question. - Answer-T ________________ is the legal proceedings conducted to determine and enforce particular contract rights. This is lengthy and expensive. A. patenting B. arbitration C. litigation D. WIPO - Answer-C A ________________ is the exclusive right granted for an invention.A. litigation B. trademark C. copyright D. patent - Answer-D T/F - A patent on an invention will last forever. - Answer-F All of the following are characteristics of patents except: A. it must be of practical use B. the last forever C. they only for a limited period D. they protect an invention E. all of the above - Answer-B Which of the following countries is not within the top three for the highest number of patent applications? A. Mexico B. United States C. Germany D. Japan E. All of the above - Answer-A What does WIPO stand for? A. Western International Podcasting Organization B. World Intellectual Protection Organization C. World Intellectual Planning OrganizationD. Washington International Protection Organization E. all of the above - Answer-B What is the purpose of WIPO? A. to promote the protection of intellectual property throughout the world B. to ensure administrative cooperation among the unions C. administer trademarks D. all of the above - Answer-D ___________________ is creations of the mind, two categories are Industrial property and copyrights. A. industrial property B. copyright C. intellectual property D. trademark - Answer-C Examples of _______________ include patents for inventions, Trademarks, industrial designs, geographical indications. A. industrial property B. copyright C. intellectual property D. trademark - Answer-A Literary works films, music, artistic works, architectural design are examples of items that would require a __________________. A. industrial propertyB. copyright C. intellectual property D. trademark - Answer-B