intellectual property exam questions with answers.

intellectual property exam questions with |\ |\ |\ |\ |\




answers

A patent gives an inventor the exclusive right to which of the
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following? - CORRECT ANSWERS ✔✔A patent prevents others
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from making, using, offering for sale, or selling an invention for a
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limited time, after which it's in the public domain.
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The "bargain" theory, a theoretical justification for patents,
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argues which of the following? - CORRECT ANSWERS ✔✔in
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exchange for invention something useful society gives the
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inventor the exclusive right to his invention for a limited time
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Which of the following public policy goals are served by granting
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patent rights? - CORRECT ANSWERS ✔✔protecting the property
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rights of inventors so that the wellsprings of innovations do no
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dry up for lack of incentive
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The Statute of Monopolies in 1624 ended the practice of granting
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patents for which of the following? - CORRECT ANSWERS
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✔✔trade staples such as salt or soap rather than actual
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inventions


Which of the following practices was common in early patent
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systems? - CORRECT ANSWERS ✔✔all of the above
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,Early patent systems tended to have which of the following
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effects on the overall economy? - CORRECT ANSWERS ✔✔all of
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the above
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The Founding Fathers created the U.S. patent system with which
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overarching goal in mind? - CORRECT ANSWERS ✔✔to rapidly |\ |\ |\ |\ |\ |\ |\ |\ |\


stimulate the growth of domestic industry
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The U.S. patent system was designed to tap the creative and
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productive potential of which of the following? - CORRECT
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ANSWERS ✔✔an enterprising population with the universal
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ambition to go forward |\ |\ |\




Adopted in 1787, the intellectual property property clause of the
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United States Constitution was a major departure from European
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patent systems of the time. Which of the following features was
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NOT unique to the U.S. patent system? - CORRECT ANSWERS
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✔✔patentees were required to make or sell products based on |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


their inventions.
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Which of the following is NOT true of the U.S. patent system? -
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CORRECT ANSWERS ✔✔you cant infringe a patent if you honestly
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dont know that it exists
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Compared with the Industrial Revolution, what is the overall
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patent litigation rate today? - CORRECT ANSWERS ✔✔it is less
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than half what it used to be
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, Historically speaking, patent litigation has served to which of the
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following? - CORRECT ANSWERS ✔✔settle disputed rights to new
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technology so commercialization can proceed |\ |\ |\ |\




How many years after the first patent law was signed in 1790 did
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it take for the United States to surpass Britain in the number of
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new inventions being patented? - CORRECT ANSWERS ✔✔13
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years


Historically, in the United States, there have been major surges|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


in new patent filings after which of the following? - CORRECT
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ANSWERS ✔✔new technological advances leading to the birth of
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new industries |\




The United States was the only nation to define its greatness in
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its capacity for which of the following? - CORRECT ANSWERS
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✔✔technological progress |\




Can an idea for a better mousetrap be patented? - CORRECT
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ANSWERS ✔✔no you cant patent a mere idea |\ |\ |\ |\ |\ |\ |\




Which of the following is NOT a requirement for patent eligibility?
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- CORRECT ANSWERS ✔✔revolutionary
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What does the term "prior art" refer to? - CORRECT ANSWERS
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✔✔an previous patent publication of public use of an invention
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