Question 1

Trade secrets may be independently discovered or reverse engineered with liability.

Accepted Answer

A) True 
 B)False

Question 2

Personal property is the result of a knowledge flow within an intellectual capital management program.

Accepted Answer

A) True 
 B)False

Question 3

__________ knowledge is knowledge that is recorded and available for the company's interpretation, application, and reproduction.

Accepted Answer

A)   Concerted
B)   Acquired
C)   Explicit
D)   Tacit

Question 4

The federal Copyright Act of 1976 allows creators to obtain a copyright by having an "original work of authorship fixed in any tangible medium of expression."

Accepted Answer

A) True 
 B)False

Question 5

The knowledge that resides within employees is __________ knowledge.

Accepted Answer

A)   concerted
B)   acquired
C)   outspoken
D)   tacit D

Question 6

To be patentable, an invention must be new and obvious.

Accepted Answer

A) True 
 B)False

Question 7

Intellectual property is an umbrella term for the legal property rights except:

Accepted Answer

A)   patents
B)   real property
C)   copyrights
D)   trademarks

Question 8

A trademark is a nonfunctional, distinctive word, name, shape, symbol, phrase, or a combination of words and symbols that helps consumers to distinguish one product or service from another.

Accepted Answer

A) True 
 B)False

Question 9

A copyrighted work must exhibit originality, show some degree of creativity, and be fixed in a durable medium.

Accepted Answer

A) True 
 B)False

Question 10

__________ property is the result of a knowledge flow within an intellectual capital management program.

Accepted Answer

A)   Possessory
B)   Intellectual
C)   Personal
D)   Real B

Question 11

Intellectual property is an umbrella term for the legal property rights related to trade secrets, patents, copyrights, and trademarks.

Accepted Answer

A) True 
 B)False  True

Question 12

The key requirement for a protectable trademark is indistinctiveness that indicates the product's source.

Accepted Answer

A) True 
 B)False

Question 13

Trade secrets can include information that is broader than what can be protected with patents or copyrights.

Accepted Answer

A) True 
 B)False

Exam 50: Intellectual Property

Trade secrets may be independently discovered or reverse engineered with liability.

Correct Answer
verified

Personal property is the result of a knowledge flow within an intellectual capital management program.

Correct Answer
verified

__________ knowledge is knowledge that is recorded and available for the company's interpretation, application, and reproduction.

Correct Answer
verified

The federal Copyright Act of 1976 allows creators to obtain a copyright by having an "original work of authorship fixed in any tangible medium of expression."

Correct Answer
verified

The knowledge that resides within employees is __________ knowledge.

Correct Answer
verified
D

To be patentable, an invention must be new and obvious.

Correct Answer
verified

Intellectual property is an umbrella term for the legal property rights except:

Correct Answer
verified

A trademark is a nonfunctional, distinctive word, name, shape, symbol, phrase, or a combination of words and symbols that helps consumers to distinguish one product or service from another.

Correct Answer
verified

A copyrighted work must exhibit originality, show some degree of creativity, and be fixed in a durable medium.

Correct Answer
verified

__________ property is the result of a knowledge flow within an intellectual capital management program.

Correct Answer
verified
B

Intellectual property is an umbrella term for the legal property rights related to trade secrets, patents, copyrights, and trademarks.

Correct Answer
verified
True

The key requirement for a protectable trademark is indistinctiveness that indicates the product's source.

Correct Answer
verified

Trade secrets can include information that is broader than what can be protected with patents or copyrights.

Correct Answer
verified

Exam 50: Intellectual Property

Trade secrets may be independently discovered or reverse engineered with liability.

Correct AnswerverifiedShow Answer

Personal property is the result of a knowledge flow within an intellectual capital management program.

Correct AnswerverifiedShow Answer

__________ knowledge is knowledge that is recorded and available for the company's interpretation, application, and reproduction.

Correct AnswerverifiedShow Answer

The federal Copyright Act of 1976 allows creators to obtain a copyright by having an "original work of authorship fixed in any tangible medium of expression."

Correct AnswerverifiedShow Answer

The knowledge that resides within employees is __________ knowledge.

Correct AnswerverifiedD

To be patentable, an invention must be new and obvious.

Correct AnswerverifiedShow Answer

Intellectual property is an umbrella term for the legal property rights except:

Correct AnswerverifiedShow Answer

A trademark is a nonfunctional, distinctive word, name, shape, symbol, phrase, or a combination of words and symbols that helps consumers to distinguish one product or service from another.

Correct AnswerverifiedShow Answer

A copyrighted work must exhibit originality, show some degree of creativity, and be fixed in a durable medium.

Correct AnswerverifiedShow Answer

__________ property is the result of a knowledge flow within an intellectual capital management program.

Correct AnswerverifiedB

Intellectual property is an umbrella term for the legal property rights related to trade secrets, patents, copyrights, and trademarks.

Correct AnswerverifiedTrue

The key requirement for a protectable trademark is indistinctiveness that indicates the product's source.

Correct AnswerverifiedShow Answer

Trade secrets can include information that is broader than what can be protected with patents or copyrights.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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D

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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B

Correct Answer
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True

Correct Answer
verified

Correct Answer
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