Unit 5 Test

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1.

Indicate the correct option:


Coca-Cola uses as legal protection of its formula:
A. A patent.
B. A utility model.
C. Industrial secrecy.
D. A trademark.
The correct answer is C. Coca-Cola protects its formula through an industrial secret, which
allows it to avoid that after twenty years, the maximum protection time allowed by a patent, the
formula becomes public domain.

2. The use of free Internet content is permitted provided that:


A. Copyleft is mentioned.
B. Copyright is mentioned.
C. The author is mentioned.
D. None of these is true.
The correct answer is A because copyleft is a right to freely use content published on the Internet,
while copyright limits the use of content to ensure exploitation by its author.

3. The most suitable funding for an innovative project in its development phase is:
A. Business angels.
B. Traditional banking.
C. The stock market.
D. Venture capital.
The correct answer is D. Business angels or private investors are usually used in the startup
phase, when it is more complicated to obtain traditional financing, since the company does not
yet generate profits. The support of venture capital not only provides financial advice, but also
added value, which for this phase of the company is a very convenient option.
4. Identify the correct option:
A. The General State Budgets Act is part of the set of laws to consider when
planning the growth of the innovation in the US.
B. The General Subsidies Act (38/2003) is part of the set of laws to consider
when planning the growth of the innovation in the US.
C. The Entrepreneurial Support and Internationalization Act (14/2013) is part of
the set of laws to consider when planning the growth of the innovation in the
US.
D. All answers are correct.

5. Indicate the correct option:


Statement A: A technology park is a place equipped with advanced services where
companies are located, which has formal or operational ties with a university,
research center, or institution of higher education.
Statement B: A spin-off is a company that is made up of workers belonging to
another existing company, and they form a new one with which they maintain a
business relationship or entity for technological purposes.
A. Statement A is true, and Statement B is false.
B. Statement A is false, and Statement B is true.
C. Both statements are true.
D. Both statements are false.

The correct answer is A because it refers to the definition of science park.

6. Indicate the correct option:


Statement A: The granting of a license on a patent occurs when the owner of the
patent confers rights to use on a third party in return for payment.
Statement B: Assignment implies the sale and transfer of ownership of the
innovation to the assignee.
A. Statement A is true, and Statement B is false.
B. Both statements are false.
C. Both statements are true.
D. Statement A is false, and Statement B is true.
The correct answer is C because statement A is the definition of license and Statement B is the
definition of assignment

7. A patent is a legal form of protection for an invention that guarantees exclusive use for its
owner for:
A. 5 years, extendable up to a maximum of 25.
B. The life of the author plus seventy years after their death.
C. A maximum of ten years.
D. A maximum of twenty years.
The correct answer is D because, after this period, the patent enters the public domain.

8. Which of the following is a type of protection for a new system for driver
assistance?
A. Design Patent.
B. Plant.
C. Utility Patent.
D. None of the above.
The correct answer is C because utility patents focus on the protection of developments related to
improved products, processes or equipments.

9. Patents in the US are governed by:


A. The United States Patent and Trademark Office (USPTO).
B. The National Science Foundation (NSF).
C. A and B are true.
D. The US Senate.
The correct answer is A because NSF focuses on the promotion of science and knowledge, but
the USPTO explicitly governs the patent system within the US.

10. The intermediary between authors and users, facilitating the publication of works
on the Internet, their reproduction and distribution free of charge refer to...
A. Creative Commons.
B. Copyright.
C. Copyleft.
D. None of the answers above is correct.
The correct answer is A because copyright and copyleft are types of licenses to regulate the use
of content and literary works, art, and music.

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