Quiz 1 : Intellectual Property Flashcards
IP-MCQ 1
What is the term for valuable items that are owned? They can be tangible or intangible
Choices:
A. assets
B. property
C. royalties
assets
IP-MCQ 8
What do your call assets which cannot be touched and are of an economic value? Typical examples are patents, copyrights trade marks, business plans, business models or ideas, trade secrets or any kind of data which give their owner a commercial advantage over his competitors
Choices :
A. invention
B. intangible assets
C. royalties
intangible assets
IP Question 24
What do you call information which is kept between certain people and/or institutions and is not meant to be disclosed? (two word answer)
Choices :
A. secret information
B. confidential information
C. public information
confidential information
MCQ 13
What is the term for the situation in which a single company or group owns all or nearly all the market for a given type of product or service resulting in the absence of competition and consequently high prices and inferior products?
A. oligopoly
B. polyopoly
C. monopoly
monopoly
Question 10
What is the term for the creation of mind, which is an inventive technical solution to a problem previously existing or not?
A. patent
B. prior art
C. invention
invention
Question 11
What do you call a person who inventors, especially one who devises some new process, appliance, machine, or article? Simply someone who makes inventions.
A. patent attorney
B. licensee
C. inventor
inventor
Question 12
What do you call the official permission granted for a determined period of time and a certain territory by the owner of a legal right (eg patent, copyright, trademark) to use, copy, or possibly even sell their invention, mark or creation? In the industrial sector it means an agreement between two companies.
A. trademark
B. NDA/ Non Disclosure Agreement
C. license
license
Question 14
What is the term for an agreement between two or more parties about the confidentiality of certain data and information or trade secrets?
A. AoS/Agreement of Silence
B. NOA/ Non-Official Agreement
C. NDA/ Non Disclosure Agreement
NDA/ Non Disclosure Agreement
Question 15
What is the term for the set of rights granted by a state or an international organization for a limited period of time and geographical area for the statutory monopoly of an invention?
A. patent
B. trademark
C. exclusive rights
patent
Question 16
What do you call a lawyer with expertise in intellectual property law as it pertains to securing and protecting an inventor’s property rights to a unique, useful, and non-obvious invention?
A. patent attorney
B. district attorney
C. divorce lawyer
patent attorney
Question 17
What do you call the rights granted to the breeder of a new variety of plant that give the breeder exclusive control over the propagating material?
A. plants patent B. bio-patent C. utility patent
plants patent
Question 18
What do you call all the patents that were already granted for a particular field of expertise, all the earlier publications, papers or articles on a special subject that must be provided by the patent applicant?
A. license
B. prior art
C. copyright
prior art
Question 19
What do you call the amount of money that a licensee pays to a licensor in exchange to import or manufacture a patented invention, or use a software a registered trademark, a protected design?
A. monopoly
B. exclusive moey
C. royalties
royalties
Question 2
What are assets like machines, fleet, inventory, cash, computer equipment, and office furniture called?
A. intangible assets
B. concrete assets
C. tangible assets
tangible assets
Question 21
What do you call the legal protection of a name, brand name, symbol, or other device identifying a product, officially registered and restricted legally to the use of the owner manufacturer?
A. design patent
B. fire patent
C. trademark
trademark
