10. Most corporations in the United States are: a. Privately held b. Publicly traded. 11. Registering an Internet domain that contains a famous name with the bad faith intent to profit from the goodwill of a trademark belonging to the owner of the famous name can best be described a. b. C. a d . Cyberbullying Cybersquatting Free speech d. Wiki-leaking 12 Ralph and Alice have created a recipe for the tastiest appetizer spread. They don't want anyone else to ever use the recipe. Their best course of action would be to: Create and register a trademark for the recipe. b. Acquire a patent for the recipe. Register the recipe as a copyright Keep the recipe a trade secret. 13 A musical work will be deemed to have infringed on a prior musical work: If the newer musical work is similar in any way to the prior musical work. Only if the newer musical work is exactly the same as the prior musical work. If the later work shares a similarity of ideas and expression as measured by external, objective criteria and a reasonable person would find the total concept and feel of the later work to be substantially similar to the earlier work A franchise relationship is best described as A relationship that assures franchisees the maximum amount of autonomy and flexibility in her business operations. A relationship where the franchisee sacrifices autonomy and flexibility in exchange for the benefit of brand recognition A simple and low cost alternative to starting a business, 15. The phrase "initial public offering" ("IP") refers to the process where A privately held corporation becomes a publicly traded corporation. b. A limited liability company becomes a publicly traded corporation A general partnership becomes a limited liability partnership b. e 14 a b. c. a. 10. Most corporations in the United States are: a. Privately held b. Publicly traded. 11. Registering an Internet domain that contains a famous name with the bad faith intent to profit from the goodwill of a trademark belonging to the owner of the famous name can best be described a. b. C. a d . Cyberbullying Cybersquatting Free speech d. Wiki-leaking 12 Ralph and Alice have created a recipe for the tastiest appetizer spread. They don't want anyone else to ever use the recipe. Their best course of action would be to: Create and register a trademark for the recipe. b. Acquire a patent for the recipe. Register the recipe as a copyright Keep the recipe a trade secret. 13 A musical work will be deemed to have infringed on a prior musical work: If the newer musical work is similar in any way to the prior musical work. Only if the newer musical work is exactly the same as the prior musical work. If the later work shares a similarity of ideas and expression as measured by external, objective criteria and a reasonable person would find the total concept and feel of the later work to be substantially similar to the earlier work A franchise relationship is best described as A relationship that assures franchisees the maximum amount of autonomy and flexibility in her business operations. A relationship where the franchisee sacrifices autonomy and flexibility in exchange for the benefit of brand recognition A simple and low cost alternative to starting a business, 15. The phrase "initial public offering" ("IP") refers to the process where A privately held corporation becomes a publicly traded corporation. b. A limited liability company becomes a publicly traded corporation A general partnership becomes a limited liability partnership b. e 14 a b. c. a