LAW 531 Week 3 Knowledge Check Study Guide 1 Essay

1976 WordsMay 18, 20158 Pages
Week 3 Knowledge Check Study Guide Concepts Mastery Agreement, consideration, Score: 18 / 18 Questions 100% 1 2 3 100% 4 5 6 Intellectual property 100% 7 8 9 Personal property 100% 10 11 12 Real property 100% 13 14 15 100% 16 17 18 and capacity Remedies for breach of contracts Mislaid, lost, or abandoned property Concept: Agreement, consideration, and capacity Mastery 100% Questions 1 2 3 1. What is true about the acceptance of a contract? A. It is effective only once it has reached the offeror, whether or not it has been properly dispatched by the offeree. B. It must not support the mirror image rule. C. It must be an unequivocal acceptance, without conditions or exceptions. D. It cannot be…show more content…
Concept: Intellectual property Mastery 100% Questions 7 8 9 7. Identify the true statement about the legal protection of trade secrets. A. The law allows individuals or companies the use of trade secrets discovered through reverse engineering. B. The law does not place the obligation to protect trade secrets on the owners of the trade secrets. C. The law mandates that all trade secrets be copyrighted. D. The law does not categorize the stealing of a trade secret as a federal crime. Correct: The Correct Answer is: A. The law allows individuals or companies the use of trade secrets if they have been discovered through reverse engineering. Reverse engineering involves the study of a product to discover how it was made. 8. What type of subject matter can be patented according to the U.S. federal government? A. Scientific hypotheses and principles B. Abstractions C. Designs for a manufactured product D. Obvious inventions Correct: The Correct Answer is: C. Subject matter related to machines, designs for a product of manufacture, living material produced by an individual, and improvements to existing machines can be patented. Abstractions and scientific principles cannot be patented. 9. Caleb, a doctoral student, is sued by the author of a textbook for copyright infringement. The court rules that Caleb is not guilty since the content was used for the purpose of review in his research paper. In addition, he has written these

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