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Week 5 Review!
BUS 1381
| Question | Answer |
|---|---|
| What is a Trademark? | A trademark Identifies a product |
| What is a Service Mark? | A service mark identifies a service |
| How long before starting a business must a mark be reserved? | 36 Months |
| Can a mark be registered in more than one country? | Yes, a mark can be registered in 60 countires |
| What is Trademark Infringement? | Trademark Infringement is when a trademark is stolen |
| How can you prove Trademark Infringement? | Provide a valid mark and prove that they used it first |
| Is copying a mark bad? | Yes! Copying a mark and making counterfeit goods is always a violation |
| What are Cybersquatters? | Cybersquatters set up identical or confusingly similar domain to existing trademarks. |
| Is a copyright notice required? | No. |
| How many copies of a Copyright notice is required? | To claim infringement must have two copies of the work registered with the U.S. Patent Office |
| What is Copyrightable? | Goods and services like literary, musical, dramatic, and artistic works. |
| What are copyright holders rights? | Reproduce the work, prepare derivatives from the original work, Distribute copies of recordings of the work, Publicly perform the work and Publicly display the work |
| What is "fair use" | Allows limited use of copyright materials based on nature of work, character of the use, the effect on the market and the portion used. |
| What are the four categories of Patentability? | The four categories are processes, machines, manufactures, and compositions of matter |
| What is a pure business method? | A pure business method consists of a series of steps related to performing a business process. |
| What is a trade secret? | A trade secret is any formula, device, or compilation of information used in one’s business that provides an advantage over competitors who do not have that information |