Essay on Cross 9e TBB Ch14

2157 Words Jun 12th, 2015 9 Pages
Chapter 14

Intellectual Property Rights

N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.

N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.

TRUE/FALSE QUESTIONS

1. More than two hundred years ago, the Declaration of Independence recognized the importance of protecting creative works.

ANSWER: F PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Legal

2. States do not have trademark statutes.

ANSWER: F PAGES: Section 1 TYPE: N BUSPROG: Analytic AICPA: BB-Legal

3. Trademarks may be registered only with the federal government.

answer: F PAGES: Section 1
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Effervescent Egg Cream Company’s trademark is used by Fizzy Drinks without its owner’s permission. Fizzy’s use of the mark is actionable provided that

a. consumers are confused.
b. Fizzy’s use is intentional.
c. Fizzy and Effervescent are competitors.
d. Effervescent’s mark is registered.

ANSWER: A PAGES: Section 1 TYPE: + BUSPROG: Reflective AICPA: BB-Legal

3. In 2014, Cloud Computing Corporation registers its trademark as provided by federal law. After the first renewal, this registration

a. is renewable every ten years.
b. is renewable every twenty years.
c. runs for the life of the corporation plus seventy years.
d. runs forever.

ANSWER: A PAGES: Section 1 TYPE: = BUSPROG: Reflective AICPA: BB-Legal

4. Gold & Sweet Company bottles and sells maple syrup from its plant in Vermont. On the labels is a logo that states “100% Genuine New England Maple Syrup Certified by the Northeast Maple Syrup Harvesters Association.” This logo is

a. a certification mark. b. none of the choices. c. a service mark. d. trade dress.

answer: A PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA: BB-Legal

5. Wendy works as a weather announcer for a TV station under the character name Weather Wendy. Wendy can register her character’s name as

a. a certification mark.
b. a trade name.
c. a service mark.
d. none of the choices.

ANSWER: C PAGES: Section 1 TYPE: N BUSPROG: Reflective AICPA:

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