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Business Law and the Regulation of Business Study Set 2
Quiz 40: Intellectual Property
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Question 21
True/False
The duration of a copyright is the same whether the copyright is owned by the author or if it is a work for hire.
Question 22
True/False
Two years of nonuse raises a presumption of abandonment and loss of a federally protected trademark.
Question 23
True/False
The union mark attached to many goods in the United States is a collective mark.
Question 24
True/False
"Palming off" was one of the earliest forms of unfair competition, but it is not found today.
Question 25
True/False
The owner of a collective mark is the producer of the goods it seeks to mark.
Question 26
True/False
Federal trademark protection may be obtained for the symbol of the U.S. flag.
Question 27
True/False
Goods bearing a counterfeit mark may be destroyed without compensation to the owner of the goods.
Question 28
True/False
A corporation in the business of developing genetically engineered pharmaceutical products has developed a new genetically engineered microorganism that it would like to protect. The corporation may patent the microorganism.