61) In order to fight piracy in China, Budweiser Beer’s approach includes:
A) printing labels in Chinese.
B) changing color of beer cans.
C) beer cans in China have fluted edges.
D) printing labels both in Chinese and English.
E) making beer very cheap in price in China.
62) Which of the following statements is correct?
A) The Paris Convention protects patents, the Berne Convention protects copyrights.
B) The Paris Convention protects copyrights, the Berne Convention protects patents.
C) The Berne Convention and Paris Convention are different names for the same thing.
D) Neither the Berne Convention nor the Paris Convention is concerned with intellectual property.
E) The International Union for the Protection of Literary and Artistic Property is different from the Berne Convention.
63) Which of the following is true about protection of computer software?
A) Copyright laws protect both the actual code and the idea embodied in the code.
B) Patent laws protect both the actual code and the idea embodied in the code.
C) Patent laws protect the actual code, while copyright laws protect the idea.
D) Copyright laws protect the actual code, while patent laws protect the idea.
E) License protects both the actual code and the idea embodied in the code.
64) The company receiving the most U.S. patents for the year 2009 is:
A) Microsoft.
B) Panasonic.
C) IBM.
D) Toshiba.
E) Intel.
65) Which of the following is true about revised U.S. patent laws?
A) Patents are valid for 17 years after the patent is granted.
B) Patents are valid for 17 years after the patent is filed.
C) Patents are valid for 20 years after the patent is granted.
D) Patents are valid for 20 years after the filing date of the application.
E) Patents are valid as long as the product is manufactured.
66) As part of their alliance relationship, Northwest Airlines and KLM Royal Dutch set air fare prices jointly and coordinate flight schedules. Normally, such behavior would be considered harmful to competition, but the U.S. government has granted the two airlines special exemptions from laws concerning:
A) intellectual property.
B) antitrust.
C) jurisdiction.
D) licensing.
E) arbitration.
67) The European Commission has jurisdiction over European-based companies as well as non-European ones that generate significant revenues in Europe. If Microsoft applies in Europe, the Commission has a right to all of the following except:
A) it can block a proposed merger.
B) it can block a proposed joint venture.
C) it can approve with minor modifications.
D) it can demand substantial concessions before granting approval.
E) it can refer serious matters to the UN Security Council.
68) A proposed merger between two Swiss-based global pharmaceutical companies, Ciba-Geigy AG and Sandoz AG, would be subject to review by regulators from which of the following?
A) European Commission
B) UN Conference on International Trade Law
C) International Chamber of Commerce
D) International Court of Justice
E) none of the above
69) Which of the following actions were approved both by the Antitrust Review in the EU as well as in the United States?
A) acquisition of Honeywell (U.S.) by GE (U.S.)
B) joint venture between music businesses of EMI group (Great Britain) and Time Warner (U.S.)
C) merger of Sony Music (Japan) and BMG (Germany)
D) merger of WorldCom (U.S.) and MCI (U.S.)
E) British Airways (U.K.) and American Airlines (U.S.)
70) Consten, a French company, had exclusive rights to import and distribute German Grundig’s electronic products into France. One of the competitors started bringing “parallel imports” into France illegally, importing Grundig product bought from a foreign supplier. Which of the following does not represent an action taken by different legal bodies?
A) Consten’s complaint was upheld by two French courts.
B) The Paris Court of Appeals suspended the judgment of the French courts.
C) The Paris Court of Appeal’s judgment was based on pending a ruling by the European Commission.
D) The European Commission ruled against Consten on the grounds that territorial protection proved to be damaging to the Common Market.
E) The European Commission ruled that German Grundig was in violation of the laws of the Common Market.
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