QUESTION 9 The United States has signed the Anti-Counterfeiting Trade Agreement (ACTA), an international treaty to combat global counterfeiting and piracy. O Trug O False QUESTION 2 A patent holder who has been violated can seek _, as well as request damages for royalties and lost profits. O a. a written apology O b. an injunction O c. a court judgment O d. jail time QUESTION 3 Businesses generally attempt to protect their by having all employees who use the process (or information) agree in their contracts, or in confidentiality agreements, never to divulge it. O a trade secrets O b. copyrights O c. patents O d. trade dress QUESTION 4 Gargantua Equipment Corporation registers its trademark as provided by federal law. This registration gives notice that the mark belongs exclusively to Gargantua. This notice is O a limited to those who have notice of it. O b. limited to Gargantua's home state. O &. nationwide O d. limited to Gargantua's market. QUESTION 6 Pricing information is not a trade secret. O True O False QUESTION 7 To be protected under the Copyright Act, a work must be O a. a unique idea. O b. an inseparable idea and expression O c. a concept, principle, or discovery. O d. original and fixed in a durable medium. QUESTION 14 Consideration is the value given in return for a promise or performance in a contractual agreement. O True O FalseQUESTION 15 Field Construction, Inc., contracts with Mesa Ranch to build a new horse barn on Mesa's property for which Mesa agrees to pay. If this is a valid contract, it will be partly because it includes the element of O a. marketability. O b. necessity. O c. capability. O d. legality. QUESTION 16 Kent tries to start his car with no success. He yells that he will sell the car to anyone for $10. Livy, a passerby, hears Kent's yell. This is not an effective offer because it lacks O a, communication O b. definite terms. O c. practicality. O d. serious intent. QUESTION 17 Online contracts may be formed not only for the sale of goods and services, but also for O a. advertising O b. manufacturing. O c. licensing. O d. distributing.QUESTION 19 Steel Mill, Inc., makes an offer to Tom to enter into a contract to work as a mechanical engineer for a certain salary for one year, subject to a five-year renewal based on his performance. Tom accepts the offer. This is a valid contract because it includes O a. specific quality standards. O b. a duration and a termination O c. a price and a subject. O d. an offer and an acceptance. QUESTION 18 Which is not a basic requirement for an e-contract? O a. consideration. O b. agreement O c. bargained-for exchange. O d. legality. QUESTION 20 The offeror must have a serious intention to become bound by the offer in order for the offer to be effective. O True O False QUESTION 22 A mistake that occurs when both parties to a contract are mistaken about the same material fact is O a. duress. O b. bilateral. O c. undue influence. O d. unilateral