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Mixed Quiz
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1

It is impossible to protect important assets such as intellectual property.
A)True
B)False
2

Inventions requiring FDA approval do not have the term of its patent extended even though the FDA must take time to review the invention.
A)True
B)False
3

Copying a product and improving it is considered patent infringement.
A)True
B)False
4

Original works of authorship are protected by a copyright.
A)True
B)False
5

Life insurance for employees is not a required benefit under federal law.
A)True
B)False
6

Intellectual property includes __________________.
A)trade secrets
B)patents
C)copyrights
D)all of the above
7

Why is a disclosure document filed?
A)To establish a date of conception for an invention.
B)To document any problems with an invention.
C)To give up rights to an invention.
D)None of the above
8

A ________________ is the category of trademarks that denotes no relationship between the mark and the good or services.
A)a descriptive mark
B)an arbitrary mark
C)a suggestive mark
D)none of the above
9

Production of safe products is the best protection against __________________.
A)patent infringement
B)needing insurance
C)product liability
D)none of the above
10

The courts consider ____________________ binding if the agreement is for less than one year.
A)oral agreements under $500
B)oral agreements over $500
C)oral agreements over $5000
D)all oral agreements





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