Question

Please choose the correct response:

1. All of the following are considered intellectual property except: a.) patents b.) trade secrets c.) trademarks d.) trade dress

2. To be patentable, the intellectual property must be: a.) useful b.) not obvious c.) novel d.) all of these

3. A trademark is a definitive: a.) word b.) design c.) arrangement d.) all of these

4. Copyrights protect the expression of: a.) creative ideas b.) arrangements c.) written compositions d.) all of these

5. All of the following are requirements for successful product liability lawsuits except: a.) defective condition b.) physical harm c.) privity of contract d.) proximate cause

Answer 1

• Option d.) Trade dress: Patent, Trade secret and Trademarks are considered intellectual property but trade dress is not considered intellectual property in many countries because trade dress is a characteristics of the visual appearance of the product
• Option d.) all of these: To be patentable, the intellectual property must be useful, not obvious and novel. Patent is used to protect ideas which are useful, not obvious and novel.
• Option d.) all of these: A trademark is a definitive word, design, arrangement. A trademark is not like patent, it protects words, symbols, phrases, etc.
• Option a.) creative ideas: Copyrights do not protect ideas but it protects the expression of creative ideas. It protect works, art , music, written compositions and arrangements.
• Option c.) privity of contract: Privity of contract is not required for successful product liability lawsuits because the two parties do not have to have a business deal or relationship directly between themselves. Defective product condition, any physical injury or damage and proximate cause are requirements for successful product liability lawsuit.