Multiple Choice Questions: Testing Your Knowledge of Intellectual Property

📚 Quick Study Guide

• ©️ Copyright: Protects original works of authorship, including literary, dramatic, musical, and certain other intellectual works. Copyright protection lasts for the life of the author plus 70 years.
• ®️ Trademark: A symbol, design, or phrase legally registered to represent a company or product. Trademarks protect brand identity and can last indefinitely with renewals.
• 💡 Patent: Grants an inventor the exclusive right to make, use, or sell an invention for a set period (usually 20 years from the date of application). There are utility, design, and plant patents.
• 🤫 Trade Secret: Confidential information that gives a business a competitive edge. Trade secrets are protected as long as the information remains confidential. Examples include formulas, practices, designs, and instruments.
• 📝 Fair Use: A legal doctrine that permits the limited use of copyrighted material without permission from the copyright holder for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.
• 🌐 Public Domain: Works that are not protected by intellectual property law and are available for anyone to use without permission. This includes works whose copyright has expired.

✍️ Practice Quiz

1. Which type of intellectual property protects a company's logo and brand name?
   1. Copyright
   2. Patent
   3. Trademark
   4. Trade Secret
2. How long does copyright protection generally last?
   1. 20 years
   2. Life of the author plus 50 years
   3. Life of the author plus 70 years
   4. Indefinitely
3. What type of intellectual property protects an invention?
   1. Copyright
   2. Patent
   3. Trademark
   4. Trade Secret
4. Which of the following is an example of a trade secret?
   1. A published novel
   2. A company's secret formula
   3. A patented invention
   4. A registered trademark
5. What is the term for using copyrighted material for educational purposes without permission under certain circumstances?
   1. Public Domain
   2. Fair Use
   3. Trademark Infringement
   4. Patent Pending
6. When does a work enter the public domain?
   1. Immediately after creation
   2. After the death of the author
   3. When the copyright expires
   4. When a patent is filed
7. Which intellectual property right is most suitable to protect the aesthetic design of a product?
   1. Utility Patent
   2. Design Patent
   3. Trademark
   4. Copyright