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According to the article by Revard, titled "No More Double Spending", the reason that students are spending hundreds of thousands of dollars extra is

Faculty and Students are often unaware of what is already available to them for free

According to Besen and Raskind, what is the objective of intellectual property protection?

ALL OF THE ABOVE -reward creators for original ideas and work -minimize the costs of enforcing intellectual property -maximize the incentives for creation while reducing its administrative and enforcement costs -increase the availability of innovative ideas to all producers

Which of the following are characteristics of a copyright?

ALL OF THE ABOVE an original creative work fixed in any tangible medium of expression protection for the life of the creator + 50 years limited to private, as opposed to public, works.

In which of the following ways is intellectual property provided legal protection by the United States Government?

ALL OF THE ABOVE the constitution statutory protections state law trade agreements with other nations

In order for the US patent office to reward a patent for a new invention, the inventor must show that their innovation is:

ALL OF THE ABOVE new useful nonobvious

According to Besen and Raskind, which intellectual property regime has the most powerful remedies in cases of infringement?

Copyrights

Which of the following functions of trademark law is not discussed in the Law and Economics of Intellectual property article?

Encourage the use of the term identifying the product until it becomes the only way to describe the product, regardless of who produces it.

Which of the following is a trademark that has never been considered by the courts as so generic to lose the protection of trademark law?

Kodak

Which of the following is a way in which copyright protection are not limitied?

Libraries and Researches are broadly expected from all copyright restrictions

Which of the following forms of intellectual property protections is viewed as the strongest in the US legal system

Patent

Which of the following is not a way in which trade secret law is different from patent or copy right law?

Protection of trade secrets does not incentivise innovation, unlike patents, and copyrights

Which of the following are characteristics of intellectual property protection that does not directly affect the incentives of potential innovators/inventors?

The number of applications for IP protection that a particular government agency reviews in a given year

In the article by Revard titled "No more double spending" which of the following is NOT mentioned as a distinction in use of copyrighted materials that determines wether a student has to pay the copyright holder to read that material?

The number of students that actually access an article online in a given year

Which of the following best describes the fundamental trade off intellectual property protection creates between current and future innovation?

The strength of an intellectual property protection awarded to an invention today can increase the costs of innovations that rely on that invention in the future.


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