1: Intellectual property is a form of tangible property that originates from creative and intellectual processes. This statement is a. True b. False Question 2: Which of these is a major advantage of E-commerce? a. Market access & Competition b. Communication & Innovation c. Real time access to data d. Improved efficiency and productivity e. All of the above Question 3: In tort law, a plaintiff can recover damages by proving which of the following: a. the defendant owed the plaintiff a duty of care b. the defendant breached that duty c. the defendant's conduct caused the injury d. a, and c e. a, b, and c Question 4: Which of the following terms does NOT describe e-commerce? a. Transaction of goods and services conducted over the internet b. Transaction of goods and services conducted in person c. Business conducted between a consumer and business over the web d. All of the above Question 5: What are the primary elements of a contract? a. Offer, Acceptance, Legal Capacity, and Consideration b. Offer, Acceptance, Intention, and Legal Capacity c. Consideration, Intention, Offer, and Acceptance d. Consideration, Legal Purpose, Offer and Acceptance Question 6: Which of the following is correct? a. Trade secret is protected so long as information is secret b. Trade secret is protected so long as Information has commercial value c. Trade secret is protected so long as information has been subject to reasonable steps to keep it secret d. All of the above are correct Question 7: Franchising allows a business to use a third party's trademark or logo without infringement a. True b. False Question 8: Under the Berne Convention, copyright is protected for the lifetime of the author and another 20 years. This statement is a. True b. False