RCR EXAM SCRIPT 2026 QUESTIONS AND
COMPLETE SOLUTIONS GRADED A+
◉ Patent: Answer: Government license excluding others from
making, using, or selling an invention.
◉ Copyright: Answer: Legal right to print, publish, perform, film, or
record material.
◉ Trade Secret: Answer: A secret device, process, or technique used
by companies.
◉ Trademark: Answer: A symbol or word legally representing a
company or product.
◉ Bayh-Dole Act (1980): Answer: Act allowing federal fund
recipients to own inventions, transfer technology, and seek patents.
◉ Inventor: Answer: One who contributed to the conception of the
subject matter of an invention.
◉ Patent Holder: Answer: Entity owning the rights granted by a
patent.
, ◉ Professor Privilege: Answer: Academics do not have this, rights of
ownership is transferred to the university with some royalty
revenue in exchange.
◉ Novelty (in patents): Answer: Requirement that inventions must
be new and not previously published to be patentable.
◉ Conflicts of Interest: Answer: Situation where professional
judgment is affected by secondary interests.
◉ Tangible Conflicts of Interest: Answer: Conflicts involving financial
relationships.
◉ Intangible Conflicts of Interest: Answer: Conflicts involving
academic activities or scholarship.
◉ Conflicts of Commitment: Answer: Division of time between
research and other responsibilities.
◉ Conflicts of Conscience: Answer: Conflicts related to personal
values or politics.
COMPLETE SOLUTIONS GRADED A+
◉ Patent: Answer: Government license excluding others from
making, using, or selling an invention.
◉ Copyright: Answer: Legal right to print, publish, perform, film, or
record material.
◉ Trade Secret: Answer: A secret device, process, or technique used
by companies.
◉ Trademark: Answer: A symbol or word legally representing a
company or product.
◉ Bayh-Dole Act (1980): Answer: Act allowing federal fund
recipients to own inventions, transfer technology, and seek patents.
◉ Inventor: Answer: One who contributed to the conception of the
subject matter of an invention.
◉ Patent Holder: Answer: Entity owning the rights granted by a
patent.
, ◉ Professor Privilege: Answer: Academics do not have this, rights of
ownership is transferred to the university with some royalty
revenue in exchange.
◉ Novelty (in patents): Answer: Requirement that inventions must
be new and not previously published to be patentable.
◉ Conflicts of Interest: Answer: Situation where professional
judgment is affected by secondary interests.
◉ Tangible Conflicts of Interest: Answer: Conflicts involving financial
relationships.
◉ Intangible Conflicts of Interest: Answer: Conflicts involving
academic activities or scholarship.
◉ Conflicts of Commitment: Answer: Division of time between
research and other responsibilities.
◉ Conflicts of Conscience: Answer: Conflicts related to personal
values or politics.
