I’m working on a management multi-part question and need an explanation and answer to help me learn

Posted: June 8th, 2022

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Learning Goal: I’m working on a management multi-part question and need an explanation and answer to help me learn. Introduction Read the overview below and complete the activities that follow. Types of Intellectual Property Your property includes the legal uses of what you own—both tangible and intangible. The decision to permit the ownership of information is not theoretical. Modern businesses count on the advantage of controlling inventions, expressions, marks, designs, and business secrets like marketing plans or a list of customers. The different kinds of intangible, mostly knowledge-based assets that businesses may possess include employee skills and talents, reports, manuals, and databases, relationships with customers, and production designs, inventions, and technologies, just to name a few.CONCEPT REVIEW:Intellectual property law allows owners to have exclusive rights in certain forms of intangible property. The major forms of intellectual property are patents, copyrights, trademarks, and trade secrets. Generally, patents protect inventions; copyrights protect artistic or creative works; trademarks protect brand identifiers; and trade secrets protect any form of information that has economic value from not being publicly known and has been the subject of reasonable efforts by the owner to maintain its secrecy.1. Read the following statements about one of the four types of intellectual property and determine whether the statement best applies to or qualifies for copyright, patent, trade secret, or trademark protection, and drag the statement accordingly.CATEGORIES:Copyright Patent Trade Secret Trademark 2. Inventors of products and machines are protected by copyright laws.True or False3. A school’s seal and logo are examples of which type of intellectual property?A. Service marksB. Certification marksC. Collective marksD. PatentsE. Brand marks4. Hillward Bakers Incorporated (Hillward) has been using a logo with the letters “HB” in a blue color with a baker’s hat above these letters since its inception ten years ago. Customers connect this logo with Hillward Bakery. Hobert Bakers Incorporated (Hobert), a newly-opened bakery and confectionery chain, uses the same logo. Hillward has not registered its logo but chooses to sue Hobert. Which of the following is true of this case?A. Hillward cannot sue Hobert since the logo has not been registered as a trademark.B. Hillward can sue Hobert since the logo has been used by Hillward and is associated with it.C. Hobert can defend against the suit by claiming that Hillward created something that lacks utility and cannot be trademarked.D. Hobert can defend against the suit by claiming that Hillward created something that was very obvious.E. Hillward cannot sue Hobert because logos cannot be patented or trademarked.5. Garry uses Vizikool, an Internet service provider, to access a file sharing website that can help him download copyright protected music. Under the Digital Millennium Copyright Act (DMCA), Vizikool can be held liable for Garry’s actions, even though the service provider was unintentionally linking Garry to the file sharing website.True or False IntroductionRead the overview below and complete the activities that follow.Application of Consumer Protection LawsA number of laws have been enacted specifically to define the rights of consumers who enter into credit transactions. It is next to impossible to live in modern society without entering into some form of credit transaction so it is important for the consumer to know and understand their rights. Companies that extend or collect on delinquent credit must also know their obligations to the consumer.6. Read the statements. Drag and drop each item into the law which most specifically applies to the situation. Each category should contain only three statements.CATEGORIES FCRATLAFDCPAFCBAOther Consumer Protections 7. Under a cease and desist order issued by the Bureau of Consumer Protection, a party consents to sign an order which restrains the promotional activity deemed offensive.True or False 8. Mortgages securing loans for consumers __________ are called subprime mortgages.A. with excellent credit worthiness at a lower than ordinary market rateB. at an interest rate lower than the prime interest rate established by the Federal Reserve BankC. with income not high enough or certain enough to qualify under ordinary circumstancesD. who own property that cannot pass a reasonable safety inspectionE. with excellent credit worthiness at a zero rate of interest9. Big Prime Incorporated is a leading investment bank. Big Prime lends money to more men than women, as it believes men are more likely to repay their loans. In this case, Big Prime is likely violating the __________.A. Federal Trade Commission ActB. Fair Credit Reporting ActC. Truth-in-Lending ActD. Fair Debt Collection Practices ActE. Equal Credit Opportunity Act10. The Penultimate company manufactures luxury pens. One of its new products, the Green Dream Scriber, is advertised to be 100% biodegradable, unlike its competitors’ pens, due to a unique case and special ink compound. After receiving complaints of fraud, the Federal Trade Commission (FTC) determines that the pen is made from materials similar to that found in most luxury pens and is not biodegradable. The FTC orders Penultimate to run an ad admitting that its advertisements were misleading and remove the untrue information from its advertisements. In this scenario, which of the following remedies is used by the FTC?A. Cease and desist advertisingB. Comparative advertisingC. Corrective advertisingD. Parody advertisingE. Social advertising11. The Federal Trade Commission (FTC) has great discretion in deciding what is deceptive or unfair and whether or not to make new rules and bring new cases.True or FalseIntroductionRead the overview below and complete the activities that follow.Composition of Solid WasteAs many state and local governments move towards voluntary and eventually mandatory recycling, an understanding of the types of materials that populate the typical landfill gives an excellent insight as to the make-up of these items used by both consumers and businesses. With such knowledge, users can make informed decisions to change manufacturing and use which can reinforce efforts to alleviate the impact of solid wastes in our environment. For the businessperson, recognizing possible opportunities to convert certain types of solid waste into useful products can lead not only to cost savings, but to new and fruitful business opportunities.CONCEPT REVIEW:Successful completion of this exercise will require one to reflectively think about the types of materials most used by individuals and businesses which are then ultimately discarded.12. Roll over each item. Drag the item number to the percentage that corresponds to its usual occurrence in typical landfills.CATEGORIES 50%20%13%10%6%1%13. An environmental impact statement __________.A. must include available alternatives to the proposed actionB. must include economic profits that can be guaranteed from the organization’s actionC. must include a statement of any reversible use of resourcesD. must include technical jargon for better understanding of the statementE. must be included in most recommendations or reports on proposals for legislation affecting the environment14. The director of Homeland Security has exercised authority to create exceptions to the National Environmental Policy Act requirements to allow the __________.A. creation of a single piece of legislation that comprehensively controls radiation pollutionB. suspension of the Clean Air Act and the Clean Water Act restrictions in and around domestic military basesC. suspension of the Endangered Species Act restrictions when animal and plant life is affected during necessary military training maneuversD. building of a fence between the United States and MexicoE. building of nuclear power plants around protected areas of the United States15. Which of the following is not a responsibility of the Environmental Protection Agency?A. Conducting research on the harmful impact of pollutionB. Assisting state governments in controlling pollutionC. Advising the Council on Environmental Quality (CEQ) on new policiesD. Gathering information on present pollution problemsE. Administering state pollution laws16. A company manufactures explosives that are used for the demolition of structures. These explosives are stored in its warehouse situated in a residential area. One day, the warehouse catches fire, resulting in an explosion, which causes widespread damage to the lives and property of the people living in that area. The company is likely liable under the doctrine of __________.A. strict liabilityB. negligenceC. trespassD. private nuisanceE. public nuisance17. Under the Superfund, the cost of restoring land to its previous condition is called __________.A. reformation B. remediationC. rehabilitationD. reconstructionE. reclamation18. Most solid waste from households and businesses is disposed of in landfills.True or False 19. Polo Refrigerators Incorporated produces exclusive nonchlorofluorocarbon, ozone-friendly refrigerators and is one of the world’s front-runners in eco-friendly manufacturing. The company reduces its pollution beyond what the law requires and saves these reductions for its own future use. Polo Refrigerators Incorporated is using _______.A. an emissions reduction banking planB. the bubble concept approachC. the cap and trade principleD. the point-source approachE. a command and control system20. The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) is known as the _______, as the act has allotted billions of dollars for environmental cleanup of dangerous hazardous wastes.A. National Priorities List (NPL)B. SuperfundC. manifest systemD. environmental impact statement (EIS)E. Brownfields Program
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