Intellectual Property Quiz

What is Intellectual Property?

• Term used to describe works of the mind

• Protects authored works

• Helps safeguard information critical to an organization’s success

• Does right to own property extend to intellectual property?

What is a Trade Secret?

• Confidential piece of intellectual property that gives company a competitive advantage

• Never expires

• Requires an effort or cost to develop

• Generally unknown to the public

What is a Trademark?

• A word, phrase, symbol, or design that identifies the source of a product

• A type of copyright

• A legal document for patents

• A form of trade secret

What is a Service Mark?

• Distinguishes the services of one company from those of another

• Identifies goods

• A type of trademark

• A legal document for copyrights

What are the four tests an invention must pass to be patented?

• Must be useful, novel, not obvious, and in one of the five statutory classes

• Must be a trade secret

• Must be a trademark

• Must be a service mark

What is Fair Use?

• Sometimes legal to reproduce a copyrighted work without permission

• Always illegal to reproduce copyrighted works

• Only applies to educational materials

• Only applies to commercial use

What is Space Shifting?

• Creation of a copy for backup purposes or for use in a portable device

• Making a copy for a friend

• Copying from vinyl records to cassette tapes

• Creating a perfect copy of a CD

What is the concept behind BitTorrent?

What legal action was taken against the Pirate Bay?

What is the significance of the P R O-I P Act?