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Exam (elaborations)

LES 305 ASU Koretz - Final Exam questions with answers

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LES 305 ASU Koretz - Final Exam questions with answers












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Uploaded on
October 22, 2025
Number of pages
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Written in
2025/2026
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LES 305 ASU Koretz - Final Exam
|\ |\ |\ |\ |\ |\ |\




questions with answers |\ |\




Digital Millennium Copyright Act (DMCA) - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\


✔✔1988 amendment to federal copyright laws that includes use
|\ |\ |\ |\ |\ |\ |\ |\ |\


of computer technology to copy music and other copyrighted
|\ |\ |\ |\ |\ |\ |\ |\ |\


materials as infringement. |\ |\




Lanham Act of 1946 - CORRECT ANSWERS ✔✔Federal law that
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


protects trademarks and trade names.
|\ |\ |\ |\




Trade Dress - CORRECT ANSWERS ✔✔The overall look, feel, color,
|\ |\ |\ |\ |\ |\ |\ |\ |\


and decorative design of a business.
|\ |\ |\ |\ |\ |\




Internet Corporation for Assigned Names and Numbers (ICANN) -
|\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔Organization that registers domain
|\ |\ |\ |\ |\ |\


names for purposes of protection of those names and intellectual
|\ |\ |\ |\ |\ |\ |\ |\ |\


property.
|\




Cybersquatting - CORRECT ANSWERS ✔✔Process of registering |\ |\ |\ |\ |\ |\ |\


sites and domain names that are deceptively or confusingly
|\ |\ |\ |\ |\ |\ |\ |\ |\


similar to existing names, trade names, and trademarks.
|\ |\ |\ |\ |\ |\ |\




Palming Off - CORRECT ANSWERS ✔✔Unfair trade practice of
|\ |\ |\ |\ |\ |\ |\ |\ |\


passing off mock goods as the goods of another.
|\ |\ |\ |\ |\ |\ |\ |\

,Computer Software Copyright Act of 1980 - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\


✔✔Provides copyright protection for software. |\ |\ |\ |\




Trade Libel - CORRECT ANSWERS ✔✔Written defamation of a
|\ |\ |\ |\ |\ |\ |\ |\ |\


business.


Disparagement - CORRECT ANSWERS ✔✔Defamation of a |\ |\ |\ |\ |\ |\ |\


business, its trademark or its products. |\ |\ |\ |\ |\




Trademark - CORRECT ANSWERS ✔✔A distinctive symbol on|\ |\ |\ |\ |\ |\ |\ |\


goods that identifies the manufacturer.
|\ |\ |\ |\




Fair Use - CORRECT ANSWERS ✔✔One of the exceptions to
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


copyright protection; permits limited use of copyright material.
|\ |\ |\ |\ |\ |\ |\




Madrid Agreement - CORRECT ANSWERS ✔✔In international law,
|\ |\ |\ |\ |\ |\ |\ |\


1891 multilateral treaty for protection of trademarks that permits
|\ |\ |\ |\ |\ |\ |\ |\


registration and protection through a centralized registrar in
|\ |\ |\ |\ |\ |\ |\ |\ |\


Geneva.


Knock-Off Goods - CORRECT ANSWERS ✔✔Goods manufactured
|\ |\ |\ |\ |\ |\ |\


by someone other than the trademark or trade name holder
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


without authorization and not according to the standards of the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


owner.


Patent - CORRECT ANSWERS ✔✔Exclusive ownership rights given
|\ |\ |\ |\ |\ |\ |\ |\


to by the federal government to inventors of unique, nonobvious
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


processes, products, or services. |\ |\ |\

,Gray Market - CORRECT ANSWERS ✔✔Market in which trade
|\ |\ |\ |\ |\ |\ |\ |\ |\


name goods are sold through unauthorized dealers or without
|\ |\ |\ |\ |\ |\ |\ |\ |\


authorization from the owner of the trade name. |\ |\ |\ |\ |\ |\ |\




Opposition Proceedings - CORRECT ANSWERS ✔✔In non-U.S
|\ |\ |\ |\ |\ |\ |\


countries, the patent process that allows third parties to appear
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


and object to a patent application.
|\ |\ |\ |\ |\




Federal Trademark Dilution Act - CORRECT ANSWERS ✔✔Federal
|\ |\ |\ |\ |\ |\ |\ |\


law that permits trademark owners to file lawsuits to prevent
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


others from impairing the mark's distinctiveness.
|\ |\ |\ |\ |\




Misappropriation - CORRECT ANSWERS ✔✔Intentional tort of |\ |\ |\ |\ |\ |\ |\


using others' trade secrets.
|\ |\ |\




Trade Name - CORRECT ANSWERS ✔✔Name of a firm or product;
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


entitled to federal protection for exclusive use.
|\ |\ |\ |\ |\ |\




Copyright - CORRECT ANSWERS ✔✔Exclusive ownership rights
|\ |\ |\ |\ |\ |\ |\


given to by the federal government to creators of books, music,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


and other creative works.
|\ |\ |\




Securities Exchange Act of 1934 - CORRECT ANSWERS ✔✔The
|\ |\ |\ |\ |\ |\ |\ |\ |\


federal law governing secondary sales of securities, the markets,
|\ |\ |\ |\ |\ |\ |\ |\ |\


and the firms dealing with securities.
|\ |\ |\ |\ |\

, 10-K Form - CORRECT ANSWERS ✔✔Annual report filed with the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


SEC; required of all 1934 Act firms.
|\ |\ |\ |\ |\ |\




Merger - CORRECT ANSWERS ✔✔Process of combining firms so
|\ |\ |\ |\ |\ |\ |\ |\ |\


that one firm becomes a part of the other and only one firm's
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


name is retained. |\ |\




Insider Trading and Securities Fraud Enforcement Act of 1988 -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


CORRECT ANSWERS ✔✔Act increasing the Securities Exchange
|\ |\ |\ |\ |\ |\ |\


Act of 1934 penalties for insider trading.
|\ |\ |\ |\ |\ |\




Blue-Sky Law - CORRECT ANSWERS ✔✔State law regulating sale
|\ |\ |\ |\ |\ |\ |\ |\ |\


of securities.
|\




Comment/Deficiency Letter - CORRECT ANSWERS ✔✔SEC |\ |\ |\ |\ |\ |\


response to registration filing; requires additional information or
|\ |\ |\ |\ |\ |\ |\ |\


clarification on proposed offering. |\ |\ |\




Williams Act - CORRECT ANSWERS ✔✔Federal law governing the
|\ |\ |\ |\ |\ |\ |\ |\ |\


tender offer process. |\ |\




Insider - CORRECT ANSWERS ✔✔A corporate officer or director or
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


other executive with access to corporate information that is not
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\


available to the public. |\ |\ |\




Tippee - CORRECT ANSWERS ✔✔Party who receives inside
|\ |\ |\ |\ |\ |\ |\ |\


information about a corporation or its securities and uses the |\ |\ |\ |\ |\ |\ |\ |\ |\ |\


information to trade securities. |\ |\ |\

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