MCQOPTIONS
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MCQOPTIONS
This section includes 4 Mcqs, each offering curated multiple-choice questions to sharpen your Legal Aspects Of Business knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Intellectual Property Rights (IPRs) protect the use of information and ideas that are of |
| A. | Social value |
| B. | Moral value |
| C. | Commercial value |
| D. | Ethical value |
| Answer» D. Ethical value | |
| 2. |
Choose the correct code for the following statements being correct or incorrect.Statement I : Intellectual Property (IP) is a category of property that includes intangible creations of the human intellect.Statement II : IPR does not include trade secrets and moral rights. |
| A. | Both the statements I and II are correct. |
| B. | Both the statements I and II are incorrect. |
| C. | Statement I is correct, but II is incorrect. |
| D. | Statement II is correct, but I is incorrect. |
| Answer» D. Statement II is correct, but I is incorrect. | |
| 3. |
Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Trademark registration gives exclusive proprietary rights to the trademark owner. Reason (R): A trademark is a recognizable sign, design or expression which identifies products or services of a particular source from those of others. and are used to claim exclusive proprietary rights of products or services. In light of the above statements. choose the correct answer from the options given below : |
| A. | Both (A) and (R) are true and (R) is the correct explanation of (A) |
| B. | Both (A) and (R) are true but (R) is NOT the correct explanation of (A) |
| C. | (A) is true but (R) is false |
| D. | (A) is false but (R) is true |
| Answer» B. Both (A) and (R) are true but (R) is NOT the correct explanation of (A) | |
| 4. |
Intellectual Property Rights (I.P.R.) in India covers |
| A. | Patents |
| B. | Copyrights |
| C. | Trademarks |
| D. | All of the above |
| Answer» E. | |