Chapters
23 & 14 (take home)
Multiple
Choice
Identify
the letter of the choice that best completes the statement or answers the
question.
____
1.
Jill develops a new espresso machine, which she names “Quik Shot.”
She also writes the operating manual to be included with each final product.
Jill could obtain trademark protection for
|
a. |
the
espresso machine only. |
|
b. |
the
name only. |
|
c. |
the
operating manual only. |
|
d. |
the
espresso machine, the name, and the operating manual. |
____
2.
Best Goods, Inc., and Great Products Corporation use the mark “Good
Housekeeping Seal of Approval” to certify the quality of their products. Best
and Great are not in business together and do not own this mark. The mark is
|
a. |
a
certification mark. |
|
b. |
a
collective mark. |
|
c. |
a
service mark. |
|
d. |
trade
dress. |
____
3.
Fun Toys, Inc., makes EZ Goo, a children’s toy. Without Fun Toys’
consent, National Adhesives Company (NAC) begins to use “ezgoo” as part of
the URL for NAC’s Web site. In Fun Toys’ suit, NAC claims that no consumer
would confuse the Web site with the toy. NAC has committed
|
a. |
copyright
infringement. |
|
b. |
patent
infringement. |
|
c. |
trademark
dilution. |
|
d. |
none
of the above. |
____
4.
Dynamic Aviation, Inc., uses Eagle Engineering Corporation’s patented
propulsion design in Dynamic’s jet engine plan without Eagle’s permission.
This is
|
a. |
copyright
infringement. |
|
b. |
patent
infringement. |
|
c. |
trademark
infringement. |
|
d. |
none
of the above. |
____
5.
Steve invents a new deep-sea fishing net, which he names “Good
Catch.” He also writes the operating manual to be included with each final
product. Steve could obtain copyright protection for
|
a. |
the
fishing net only. |
|
b. |
the
name only. |
|
c. |
the
operating manual only. |
|
d. |
the
fishing net, the name, and the operating manual. |
____
6.
All-Rite Appliance Store advertises freezers at a “Special Low Price of
$99.” When Bob tries to buy one of the freezers, Cathy, the salesperson, tells
him that they are all sold and no more are obtainable. Cathy adds that All-Rite
has other freezers for $1,299. This is
|
a. |
a
legitimate sales technique. |
|
b. |
bait-and-switch
advertising. |
|
c. |
counteradvertising. |
|
d. |
puffery. |
____
7.
Financial Credit Corporation’s ordinary business is to lend money to
consumers. Financial must disclose all credit terms in
|
a. |
all
credit transactions. |
|
b. |
any
credit transaction in which payments are to be made in more than four
installments. |
|
c. |
any
credit transaction in which payments are to be made in more than one
installment. |
|
d. |
no
credit transaction. |
____
8.
Ed borrows $20,000 from First State Bank to renovate his home. This
transaction is subject to
|
a. |
the
Fair Credit Reporting Act. |
|
b. |
the
Home Equity Act. |
|
c. |
the
Truth-in-Lending Act. |
|
d. |
none
of the above. |
____
9.
Earl’s application to First National Bank for a credit card is denied.
Earl can obtain information on his credit history in a credit agency’s files
under
|
a. |
the
Equal Credit Opportunity Act. |
|
b. |
the
Fair Credit Reporting Act. |
|
c. |
the
Fair Debt Collection Practices Act. |
|
d. |
none
of the above. |
____
10.
Community Bank, with which Doug took out a student loan, sends a letter
to Doug, who has failed to make his scheduled payments for six months, to advise
him of further action that the bank will take. This is a violation of
|
a. |
the
Fair Credit Reporting Act. |
|
b. |
the
Fair Debt Collection Practices Act. |
|
c. |
the
Truth-in-Lending Act. |
|
d. |
none
of the above. |
Chapters
23 & 14 (take home)
Answer
Section
MULTIPLE
CHOICE
1.
ANS:
B
REF:
313
OBJ:
TYPE: =
2.
ANS:
A
REF:
319
OBJ:
TYPE: =
3.
ANS:
C
REF:
321
OBJ:
TYPE: N
4.
ANS:
B
REF:
322
OBJ:
TYPE: =
5.
ANS:
C
REF:
323
OBJ:
TYPE: =
6.
ANS:
B
REF:
543
OBJ:
TYPE: +
7.
ANS:
B
REF:
547
OBJ:
TYPE: N
8.
ANS:
C
REF:
547
OBJ:
TYPE: +
9.
ANS:
B
REF:
548
OBJ:
TYPE: =