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LES 305 ASU Koretz - Final Exam questions well answered already passed
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LES 305 ASU Koretz - Final Exam questions well answered already passed
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LES 305 ASU Koretz - Final Examquestions well answered already passed
Digital Millennium Copyright Act (DMCA) - correct answer ✔✔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 answer ✔✔Federal law that protects trademarks and trade names.
Trade Dress - correct answer ✔✔The overall look, feel, color, and decorative design of a business.
Internet Corporation for Assigned Names and Numbers (ICANN) - correct answer ✔✔Organization that
registers domain names for purposes of protection of those names and intellectual property.
Cybersquatting - correct answer ✔✔Process of registering sites and domain names that are deceptively
or confusingly similar to existing names, trade names, and trademarks.
Palming Off - correct answer ✔✔Unfair trade practice of passing off mock goods as the goods of another.
Computer Software Copyright Act of 1980 - correct answer ✔✔Provides copyright protection for
software.
Trade Libel - correct answer ✔✔Written defamation of a business.
Disparagement - correct answer ✔✔Defamation of a business, its trademark or its products.
Trademark - correct answer ✔✔A distinctive symbol on goods that identifies the manufacturer.
,Fair Use - correct answer ✔✔One of the exceptions to copyright protection; permits limited use of
copyright material.
Madrid Agreement - correct answer ✔✔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 answer ✔✔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 answer ✔✔Exclusive ownership rights given to by the federal government to inventors
of unique, nonobvious processes, products, or services.
Gray Market - correct answer ✔✔Market in which trade name goods are sold through unauthorized
dealers or without authorization from the owner of the trade name.
Opposition Proceedings - correct answer ✔✔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 answer ✔✔Federal law that permits trademark owners to file
lawsuits to prevent others from impairing the mark's distinctiveness.
Misappropriation - correct answer ✔✔Intentional tort of using others' trade secrets.
Trade Name - correct answer ✔✔Name of a firm or product; entitled to federal protection for exclusive
use.
Copyright - correct answer ✔✔Exclusive ownership rights given to by the federal government to creators
of books, music, and other creative works.
Securities Exchange Act of 1934 - correct answer ✔✔The federal law governing secondary sales of
securities, the markets, and the firms dealing with securities.
, 10-K Form - correct answer ✔✔Annual report filed with the SEC; required of all 1934 Act firms.
Merger - correct answer ✔✔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 answer ✔✔Act increasing the
Securities Exchange Act of 1934 penalties for insider trading.
Blue-Sky Law - correct answer ✔✔State law regulating sale of securities.
Comment/Deficiency Letter - correct answer ✔✔SEC response to registration filing; requires additional
information or clarification on proposed offering.
Williams Act - correct answer ✔✔Federal law governing the tender offer process.
Insider - correct answer ✔✔A corporate officer or director or other executive with access to corporate
information that is not available to the public.
Tippee - correct answer ✔✔Party who receives inside information about a corporation or its securities
and uses the information to trade securities.
Consolidation - correct answer ✔✔A form of merger in which two firms unite and become known by a
new name.
10-Q Form - correct answer ✔✔Quarterly report filed with the SEC; required of all 1934 Act firms.
Howey Test - correct answer ✔✔Created by theU.S. Supreme Court; it defines a security as an
investment in a common enterprise that earns profits from the efforts of others.
Section 16 - correct answer ✔✔Section of the Securities Exchange Act of 1934 that regulates sales and
purchases of shares by directors, officers, and 10 percent of shareholders.
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