The TRIPS (Trade-Related Aspects of Intellectual Property Rights) Agreement is administered by the WTO and is binding on all WTO member nations.

Question 1 options:

	True
	False

Question 2 (2 points)

The Patents Cooperation Treaty provides for filing a standardized international application, but that application may be granted or rejected in each designated country according to its own patent law.

Question 2 options:

	True
	False

Question 3 (2 points)

A trademark functions as a form of consumer protection by identifying the source of a product or service.

Question 3 options:

	True
	False

Question 4 (2 points)

Copyright duration under the Berne Convention is equal to the life of the author.

Question 4 options:

	True
	False

Question 5 (2 points)

Trade secrets or confidential information is the most common form of protection used by businesses.

Question 5 options:

	True
	False