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ETH 321 – DL Week 4 Practice Assignment with Solutions
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ETH 321 – DL Week 4 Practice Assignment with Solutions
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ETH 321 – DL Week 4 PracticeAssignment with Solutions
Registration is not required for protection, but if Perry had registered his mark,
it would have mitigated the likelihood that another company would have used
the mark.
Torey broke into a competitor's office to steal a trade secret. She is eventually
caught. If she has gained from the use of the trade secret, which of the
following is true?
7.6: Trade Secrets - Ans More than one response is correct.
Any and all of the response options are viable possibilities for Torey's situation.
BooneTech has a superior instrumentation system for doing work in its factory.
It regularly offers tours so people can come and observe the special equipment.
When a competitor begins to use similar equipment, BooneTech sues the
competitor for utilizing a trade secret. Which of the following is true?
7.6: Trade Secrets - Ans BooneTech cannot stop the competitor from using
the system because it did not reasonably hide its trade secret.
The definition of a trade secret includes the condition that reasonable efforts are
taken to maintain its secrecy. If BooneTech is openly displaying its systems to the
public in tours, it shouldn't be surprised when someone copies the system.
Which of the following is the correct definition of utility? - Ans Usefulness of an
invention
, Which of the following is the correct definition of non-obviousness? - Ans An
invention's characteristic of advancing ideas or stepping forward
Jerry wants to rent out living space to a tenant. He wants the benefit of steady
rent payments and the ease of evicting the tenant when he feels it would be
convenient. Jerry also wants to formalize the tenancy with a rental agreement
so that his rights and privileges are explicitly accounted for and agreed to in
writing. Which form of tenancy should Jerry use in renting out his space?
7.8: Real Property: Non-Freehold Estates - Ans Periodic tenancy
A periodic tenancy would likely offer regular month-to-month payments, and it
would offer the freedom Jerry wishes to end the tenancy when he wants.
Periodic tenancy is typically formalized in writing, which would further meet
Jerry's preferences.
A __________ may have an infinite duration.
7.8: Real Property: Non-Freehold Estates - Ans More than one option is correct
A periodic tenancy is meant to have the possibility for an infinite duration. The
vague and open nature of tenancy at will and tenancy at sufferance also
leaves the possibility open for an unlimited duration.
What are compensatory damages? - Ans Damages awarded to return a
non-breaching party to its former position
Which of the following would qualify as valid consideration?
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