8.1 Finance | Questions with 100% Verified Answers | Latest
Update 2026/2027
Question: Alpha Corp. creates a syrup that is flavored with coffee and
chocolate and sells it under the name MochaMerge. Beta Co.
begins to sell a similar product under the name MokaMerge.
This is most likely a matter of:
a. trademark infringement.
b. copyright infringement.
c. trade dress infringement.
d. patent infringement.
Answer:
a.
Question: Amy Mendoza is a local radio personality who goes by the
name "Amy in the A.M." on the air. She also uses that label in
print ads to help radio listeners distinguish her show from the
other morning radio shows in her town. Amy would be most
likely to register her name as a:
a. service mark.
b. certification mark.
c. trade name.
d. collective mark.
Answer:
a
Question: Buster invents a new camp grill that he names Buster's Burger
Blaster. He writes specific instructions about how to use it in a
manual that comes with every grill. Buster can obtain a
trademark for:
a. the manual only.
b. the grill only.
c. the grill, the name, and the manual.
d. the name only.
Answer:
d
, Question: On the Border Mexican restaurants all have the same terra-
cotta and turquoise color scheme, with posters of bullfighters
and maps of Mexico on the walls. The restaurants also have
identical furniture and menus, the wait staff wear similar types
of clothing, and the same music plays in the background. The
restaurants have a unique ambience, known in legal terms as
their:
a. trademark.
b. trade dress.
c. trade secret.
d. trade name
Answer:
b
Question: Hot Products owns a patent for a fan motor that it uses in
ceiling fans. Allied Electric uses a fan motor that is identical to
Hot Products' in the air conditioners it manufactures. Allied
Electric does not have Hot Products' permission to use the
motor. Can Hot Products win a patent infringement case
against Allied Electric?
a. Yes, if Allied Electric and Hot Products are competitors.
b. No, unless Hot Products has sold the motor in the
marketplace.
c. No, unless consumers are confused.
d. Yes, because Allied Electric infringed on Hot Products'
patent.
Answer:
d
Question: In 2014, Mugaba wrote her memoirs, My Life in the Congo.
Mugaba did not register a copyright. Under federal copyright
law, Mugaba's book:
a. is not protected at all.
b. is protected forever.
c. is protected for her life plus seventy years.
d. is protected for ten years.
Answer:
c
Update 2026/2027
Question: Alpha Corp. creates a syrup that is flavored with coffee and
chocolate and sells it under the name MochaMerge. Beta Co.
begins to sell a similar product under the name MokaMerge.
This is most likely a matter of:
a. trademark infringement.
b. copyright infringement.
c. trade dress infringement.
d. patent infringement.
Answer:
a.
Question: Amy Mendoza is a local radio personality who goes by the
name "Amy in the A.M." on the air. She also uses that label in
print ads to help radio listeners distinguish her show from the
other morning radio shows in her town. Amy would be most
likely to register her name as a:
a. service mark.
b. certification mark.
c. trade name.
d. collective mark.
Answer:
a
Question: Buster invents a new camp grill that he names Buster's Burger
Blaster. He writes specific instructions about how to use it in a
manual that comes with every grill. Buster can obtain a
trademark for:
a. the manual only.
b. the grill only.
c. the grill, the name, and the manual.
d. the name only.
Answer:
d
, Question: On the Border Mexican restaurants all have the same terra-
cotta and turquoise color scheme, with posters of bullfighters
and maps of Mexico on the walls. The restaurants also have
identical furniture and menus, the wait staff wear similar types
of clothing, and the same music plays in the background. The
restaurants have a unique ambience, known in legal terms as
their:
a. trademark.
b. trade dress.
c. trade secret.
d. trade name
Answer:
b
Question: Hot Products owns a patent for a fan motor that it uses in
ceiling fans. Allied Electric uses a fan motor that is identical to
Hot Products' in the air conditioners it manufactures. Allied
Electric does not have Hot Products' permission to use the
motor. Can Hot Products win a patent infringement case
against Allied Electric?
a. Yes, if Allied Electric and Hot Products are competitors.
b. No, unless Hot Products has sold the motor in the
marketplace.
c. No, unless consumers are confused.
d. Yes, because Allied Electric infringed on Hot Products'
patent.
Answer:
d
Question: In 2014, Mugaba wrote her memoirs, My Life in the Congo.
Mugaba did not register a copyright. Under federal copyright
law, Mugaba's book:
a. is not protected at all.
b. is protected forever.
c. is protected for her life plus seventy years.
d. is protected for ten years.
Answer:
c
