What copyrights are, how to obtain them, and how they differ from trademarks
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Name: PMU ID:
Course: Legal Environment of Business
Final Exam – Spring 2021
Number of Exam Pages Time Allowed
Mapping Exam Question to CLOs | Max Grade | Weight | Student Grade | |
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Total |
100% |
Note: All exam questions are corrected in accordance with the attached rubrics. Same rubrics are followed across all section of the course.
- Describe how the common law – legal model/system differs from the civil law – legal model/system. Identify some of the better-known nations with both systems. (15%)
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- Define ethics and explain the importance of good ethics for business people and
business organizations. Explain how both individuals and institutions can be viewed as ethical or unethical. (20%)
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- Explain the basic ways to carry on business: what are the legal forms of business?
(15%)
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- Define contract and explain what constitutes a valid legal agreement? (20%)
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- What copyrights are, how to obtain them, and how they differ from trademarks? (20%)
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6.ZYCOO, known as a perfume manufacturer made fantastic floral-scented fragrance that quickly became very popular product. Consumers associated the floral scent with ZYCOO and repeatedly asked for spin-off products, such as home air fresheners and bath products. ZYCOO consulted its in-house counsel about whether it could register a trademark in the scent.(10%)
How should in-house counsel advise the manufacturer?
- The manufacturer may register the scent because consumers’ opinions about the scent are positive.
- The manufacturer may not register the scent because the scent is essential to the use of the perfume.
- The manufacturer may not register the scent because scents cannot be protected with a trademark.
- The manufacturer may register the scent because it is source-identifying.
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