LEB 320F Unit 5 Questions and Answers
Rated A+
What is the primary purpose of intellectual property law?
The primary purpose of intellectual property law is to protect the creations of inventors,
artists, and authors by granting them exclusive rights to use, distribute, and profit from the...
What is the primary purpose of intellectual property law?
✔✔ The primary purpose of intellectual property law is to protect the creations of inventors,
artists, and authors by granting them exclusive rights to use, distribute, and profit from their
work.
What is a patent, and what rights does it grant the holder?
✔✔ A patent grants the holder the exclusive right to make, use, sell, or license an invention for a
specified period, typically 20 years.
How does trademark law protect businesses?
✔✔ Trademark law protects businesses by granting exclusive rights to use distinctive signs,
logos, or brand names, preventing others from using similar marks that could cause confusion.
What is the difference between a copyright and a trademark?
✔✔ Copyright protects original works of authorship, such as literature, music, and art, while
trademarks protect brand identifiers like logos, names, and slogans used in commerce.
1
,What does the term "trade secret" refer to?
✔✔ A trade secret refers to confidential business information, such as formulas, practices, or
designs, that provide a competitive edge and are protected from public disclosure.
How can a business protect its trade secrets?
✔✔ A business can protect its trade secrets by implementing confidentiality agreements,
restricting access to sensitive information, and ensuring proper security measures.
What is the legal concept of "fair use" in copyright law?
✔✔ Fair use is a legal doctrine that allows limited use of copyrighted material without
permission for purposes such as criticism, commentary, news reporting, teaching, or research.
What are the requirements for something to be eligible for copyright protection?
✔✔ To be eligible for copyright protection, a work must be original, fixed in a tangible medium
of expression, and exhibit a minimal degree of creativity.
How does the Digital Millennium Copyright Act (DMCA) protect intellectual property online?
2
, ✔✔ The DMCA provides legal protection for copyright holders by prohibiting the unauthorized
distribution of digital content and establishing rules for handling copyright infringement claims
online.
What are the consequences of violating intellectual property laws?
✔✔ Violating intellectual property laws can result in civil penalties, including damages, fines,
and injunctions, as well as potential criminal charges for willful infringement.
What is the primary benefit of obtaining a trademark registration?
✔✔ The primary benefit of trademark registration is nationwide protection of the brand name or
logo and the ability to bring legal action against infringers.
What is a "design patent," and how does it differ from a utility patent?
✔✔ A design patent protects the ornamental design of a functional item, while a utility patent
protects the functional aspects of an invention.
What are the requirements for something to qualify as a trade secret under the Uniform Trade
Secrets Act (UTSA)?
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExcellentScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
