Intellectual Property Rights – 10 Questions Quiz!
The term intellectual property relates to the creations of human mind and human intellect, this property is called Intellectual property. Creators can be given the right to prevent others from using their inventions, designs or other creations and to use that right to negotiate payment in return for others using them. These are Intellectual Property Rights.
The intellectual property rights are now not only being used as a tool to protect the creativity and generate revenue but also to build strategic alliances for the socio-economic and technological growth.
Here is a quiz to check your knowledge!
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Question 1 of 10
Intellectual Propery can be understood asCorrect
Trade mark, Patent and copyright are considered as intellectual property.Incorrect
Question 2 of 10
The World Intellectual Property Organization (WIPO) was established inCorrect
The World Intellectual Property Organization (WIPO) was established in 1970.Incorrect
Question 3 of 10
TRIPS agreement provided by WTO stands for Trade-Related Aspects of Intellectual Property Rights.Correct
TRIPS agreement is an attempt to protect the rights over intellectual property over the world.Incorrect
Question 4 of 10
Patent is exclusive right over a product.Incorrect
Question 5 of 10
Intellectual Property rights tangible assets of the organisation.Correct
Intellectual Property is not like other assets but they are rights over the patent,trademark etc.Incorrect
Question 6 of 10
Copyright is generally used inCorrect
Copyright is generally used in books.Incorrect
Question 7 of 10
Trademark is an indication of name of the Company.Correct
Trademark is the graphical representation to distinguish one brand from other.Incorrect
Question 8 of 10
Since Intellectual Preoperty is not tangible, so its value is nil.Correct
Intellectual property are like other assets in terms of value.Incorrect
Question 9 of 10
Intellectual Property can be sold, purchased and registered for protection of rights.Incorrect
Question 10 of 10
Types of intellectual property covered by the TRIPS Agreement is/areCorrect
These are the fields covered by TRIPS agreement.Incorrect