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