Module 6 (Copyright) Flashcards
Intellectual Property (IP)
What does Intellectual Property (IP) refer to?
A) Only physical products
B) Creations resulting from the exercise of the human brain
C) Government policies
D) Business strategies
Answer: B) Creations resulting from the exercise of the human brain
What type of IP protects original works such as books and movies?
A) Trademark
B) Patent
C) Copyright
D) Trade Secret
Answer: C) Copyright
Which type of IP is concerned with distinguishing business products from competitors?
A) Copyright
B) Trademark
C) Patent
D) Confidential Information
Answer: B) Trademark
Why is protecting IP important for creators?
A) It allows them to avoid taxes
B) It provides motivation and legal rights to exploit their works
C) It eliminates competition
D) It restricts access to information
Answer: B) It provides motivation and legal rights to exploit their works
What does IP protection allow creators to do?
A) Restrict all use of their work
B) Defend their works from infringement
C) Control the idea itself
D) Prevent anyone from accessing their work
Answer: B) Defend their works from infringement
What is copyright primarily designed to protect?
A) Ideas
B) The form of expression of ideas
C) The underlying concepts of works
D) Facts and data
Answer: B) The form of expression of ideas
Which of the following is NOT protected by copyright?
A) A short story
B) A song
C) A research finding
D) A photograph
Answer: C) A research finding
How long does copyright protection last for literary works in Singapore?
A) 25 years from publication
B) Life of the author plus 70 years
C) 50 years from creation
D) 10 years from publication
Answer: B) Life of the author plus 70 years
What is the duration of protection for sound recordings?
A) 50 years from release
B) 25 years from publication
C) 70 years from the end of the year of release
D) Indefinite protection
Answer: C) 70 years from the end of the year of release
Who automatically owns the copyright to a work upon its creation?
A) The employer if created during employment
B) The creator/author of the work
C) The government
D) The publisher
Answer: B) The creator/author of the work
In what situation might copyright ownership transfer to an employer?
A) If the work is published
B) If the work is created outside of work hours
C) If created as part of employment
D) If the creator signs a waiver
Answer: C) If created as part of employment
What is a contract?
A) A verbal agreement only
B) An agreement giving rise to obligations recognized by law
C) A suggestion between friends
D) A document that can be ignored
Answer: B) An agreement giving rise to obligations recognized by law
Which of the following is NOT a function of contracts?
A) Set performance standards
B) Allocate risk
C) Guarantee success
D) Identify rights and obligations
Answer: C) Guarantee success
Which of the following is NOT an essential element of a contract?
A) Offer
B) Acceptance
C) Mutual friends
D) Consideration
Answer: C) Mutual friends
What does “consideration” refer to in a contract?
A) The time taken to think about the contract
B) The benefit or value exchanged between parties
C) The parties’ feelings toward each other
D) The review of the contract by a lawyer
Answer: B) The benefit or value exchanged between parties
