Ch 7
The registration of a trademark has a lifetime of
10 years plus a 10 year renewable perios
Design patent protection lasts for _____ years
14
Patents that are not design patents have _____ years of protection
20
Works created after January 1, 1978, have a copyright for the life of the author plus
70 years
When considering bankruptcy, entrepreneurs as sole proprietors normally prefer
Chapter 13
Which of the following is a useful rule used to avoid pitfalls in selecting a trademark
Never choose a trademark has a lifetime of
When a party seeks to invalidate a trademark by showing that it has not been used for two consecutive years, the party is making use of a legal approach known as
abandonment
Copyrights may be expressed in
books, periodicals, motion pictures
Which of the following is a way in which a trademark may be invalidated
cancellation proceeding
When seeking to invalidate a trademark, if a third party challenges the mark's distinctiveness within 5 years of issuance, this is known as
cancellation proceedings
That part of a patent application which identifies the features that are protected are known as the
claim
The two parts to a patent application are specification, and
claims
When trying to invalidate a trademark, if a party seeks to prove that the trademark has not been used within six years of registration, this is known as
cleaning-out procedure
All of the following are ways of invalidating a trademark except
clearing-out proceedings
The form of legal protection that computer programs fall under is
copyrights
The emerging body of law governing cyberspace is often referred to as
cyberlaw
The specification section of a patent application should include all of the following except
a budget for handling infringement
Which of the following is not a trademark
a sales price
What percentage of issues patents is commercially valuable
a very small percentage
The process of trademark registration is
expensive
A person who loses an infringement battle in court may have to pay
extra legal fees
Because of the _____ doctrine, it is sometimes difficult to establish infringement
fair use
When a trademark becomes the name of a general group of products or services, the trademark protection may be lost because of
generic meaning
which of the following is not a trademark
generic words
Copyrights can be placed on all of the following except
ideas
Items that can qualify for patent protection include all of the following except
ideas
Anyone who violates an author's exclusive rights under a copyright is liable for
infringement
An infringement budget deals with
legal battles
Which is not one of the major sections of the bankruptcy act
liquidation
Which of the following is an indicator that an etrepreneur's business is failing
liquidation
A patent gives the holder a temporary
monopoly
A trademark is a distinctive _____ that is identified with a company's product
name
A typical symptom of impending bankruptcy failure is when
other firms seem to be selling products that are a generation ahead
To effectively pursue a patent, experts recommend that the entrepreneur
prepare a realistic budget for infringement
If an entrepreneur concludes that the innovation will withstand my legal challenge, a patent should be
pursued
The owner of the copyright may do all of the following except
sell the rights for a period of 200 years
The text of a patent application is know as the
specification
There are two parts to a patent application, claims and
specification
For the author of creative material to obtain a copyright, the material must be in _____ form
tangible
In order to obtain a patent, an application should be filed with
the Patent and Trademark Office of the Department of Commerce
Which of the following fall under Chapter 7 bankruptcy
the debtor is relieved of obligations
The determination of fair use of copyrights is based on
the effect of use on potential market
Under copyright law, which of the following are the rights of the owner
the right to reproduce work
Which of the following are suggestions to minimize legal costs
visit the lawyer during normal hours