Question 1

Restrictions written into the franchise agreement must be strictly adhered to regardless of the effects it may have on the competitive potential of the franchisee in the host country.

Accepted Answer

A) True 
 B)False

Question 2

Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area.

Accepted Answer

A) True 
 B)False

Question 3

The importation of foreign-made trademarked merchandise into the U.S.for sale in competition with the U.S.trademark owner's own merchandise made in the U.S.is referred to as:

Accepted Answer

A)   Copycat competition.
B)   Gray marketing.
C)   Reverse trade advantage.
D)   Black marketing.E) None of the above
F) A) and B)

Question 4

TRIPS requires every member of the World Trade Organization to:

Accepted Answer

A)   Abide by the Paris Convention.
B)   Abide by the Berne Convention.
C)   Apply national treatment to foreign owners of intellectual property rights.
D)   Provide patent protection for processes.
E)   All of the above.F) A) and B)
G) A) and C)

Question 5

Naked licensing results in abandonment of rights in a trademark.

Accepted Answer

A) True 
 B)False

Question 6

A single multinational application process is available for protecting intellectual property in:

Accepted Answer

A)   In the U.S., Canada, and Mexico.
B)   In the Eastern European countries.
C)   In countries that are member of the Asian Patent Protection Treaty.
D)   In the European Union.
E)   All of the above.F) B) and E)
G) B) and C)

Question 7

Create the structure or standards for an on-line international dispute resolution forum handling IPR issues.

Accepted Answer

Creating a structure or standards for an...

Question 8

The three types of regulatory schemes for transfer agreements that exist include all but which of the following:

Accepted Answer

A)   Preapproval.
B)   Notification/registration.
C)   No regulation.
D)   All are types of regulatory schemes.E) A) and B)
F) B) and D)

Question 9

Under The Companies Act,only private parties who may "reasonably anticipate" a substantial pecuniary return on an investment must register with the government

Accepted Answer

A) True 
 B)False

Question 10

Among the recent legal and technological issues reported in the WIPO magazine available on-line,which do you believe are the most important for the U.S.? Assess their relative importance to other countries.

Accepted Answer

Among the recent legal and technological...

Question 11

Under U.S.copyright law,an author's moral rights are not protected.

Accepted Answer

A) True 
 B)False

Question 12

When it seems likely that a licensee may develop improvements in the licensed technology,a licensor may wish to include a ____ in the license agreement.

Accepted Answer

A)   Grant back provision.
B)   Field use provision.
C)   Technology transfer.
D)   Promise of confidentiality.E) A) and D)
F) A) and C)

Question 13

The patent protection treaty that gives a trademark holder in any signatory country a twelve-month period of priority within which to make similar applications in other signatory countries is known as:

Accepted Answer

A)   The Patent Cooperation Treaty.
B)   The International Convention for the Protection of Industrial Property.
C)   The International Intellectual Property Treaty.
D)   The Uniform Copyright Convention.E) A) and D)
F) A) and C)

Question 14

It is fairly common for IPR licensors to put geographic and field-of-use limitations on licensees.

Accepted Answer

A) True 
 B)False

Question 15

U.S.courts have been reluctant to restrict gray market competition in situations where the product's quality being introduced to the home market is indistinguishable from its native counterpart.

Accepted Answer

A) True 
 B)False

Question 16

Both the Berne Convention and the Paris Convention require signatory countries to enact certain minimum substantive laws.

Accepted Answer

A) True 
 B)False

Question 17

The European Union's Commission has jurisdiction over franchise agreements operating in its member countries.

Accepted Answer

A) True 
 B)False

Question 18

A field of use limitation in a licensing agreement restricts the licensee's ability to market in certain geographical areas.

Accepted Answer

A) True 
 B)False

Question 19

Compare and contrast the risks of international licensing to a company versus those associated with trading goods.

Accepted Answer

When a company engages in international ...

Question 20

The European Union has both a common multinational patent application process as well as the individual country processes.

Accepted Answer

A) True 
 B)False

Exam 17: Licensing Agreements and the Protection of Intellectual Property Rights

Naked licensing results in abandonment of rights in a trademark.

Correct AnswerverifiedShow Answer

Create the structure or standards for an on-line international dispute resolution forum handling IPR issues.

Correct AnswerAnswered by ExamLex AICreating a structure or standards for an...View AnswerShow Answer

Under U.S.copyright law,an author's moral rights are not protected.

Correct AnswerverifiedShow Answer

The European Union's Commission has jurisdiction over franchise agreements operating in its member countries.

Correct AnswerverifiedShow Answer

Both the Berne Convention and the Paris Convention require signatory countries to enact certain minimum substantive laws.

Correct AnswerverifiedShow Answer

The three types of regulatory schemes for transfer agreements that exist include all but which of the following:

Correct AnswerverifiedShow Answer

Compare and contrast the risks of international licensing to a company versus those associated with trading goods.

Correct AnswerAnswered by ExamLex AIWhen a company engages in international ...View AnswerShow Answer

Under The Companies Act,only private parties who may "reasonably anticipate" a substantial pecuniary return on an investment must register with the government

Correct AnswerverifiedShow Answer

It is fairly common for IPR licensors to put geographic and field-of-use limitations on licensees.

Correct AnswerverifiedShow Answer

U.S.courts have been reluctant to restrict gray market competition in situations where the product's quality being introduced to the home market is indistinguishable from its native counterpart.

Correct AnswerverifiedShow Answer

TRIPS requires every member of the World Trade Organization to:

Correct AnswerverifiedShow Answer

Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area.

Correct AnswerverifiedShow Answer

When it seems likely that a licensee may develop improvements in the licensed technology,a licensor may wish to include a ____ in the license agreement.

Correct AnswerverifiedShow Answer

A single multinational application process is available for protecting intellectual property in:

Correct AnswerverifiedShow Answer

Restrictions written into the franchise agreement must be strictly adhered to regardless of the effects it may have on the competitive potential of the franchisee in the host country.

Correct AnswerverifiedShow Answer

The patent protection treaty that gives a trademark holder in any signatory country a twelve-month period of priority within which to make similar applications in other signatory countries is known as:

Correct AnswerverifiedShow Answer

Among the recent legal and technological issues reported in the WIPO magazine available on-line,which do you believe are the most important for the U.S.? Assess their relative importance to other countries.

Correct AnswerAnswered by ExamLex AIAmong the recent legal and technological...View AnswerShow Answer

A field of use limitation in a licensing agreement restricts the licensee's ability to market in certain geographical areas.

Correct AnswerverifiedShow Answer

The European Union has both a common multinational patent application process as well as the individual country processes.

Correct AnswerverifiedShow Answer

The importation of foreign-made trademarked merchandise into the U.S.for sale in competition with the U.S.trademark owner's own merchandise made in the U.S.is referred to as:

Correct AnswerverifiedShow Answer

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Creating a structure or standards for an...
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When a company engages in international ...
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Among the recent legal and technological...
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