BLAW2080 - Quiz #3 PDF

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BLAW2080 - Quiz #3...

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Quest i on1 0. 25/0. 25pt s Any breach entitles the nonbreaching party to sue for damages.

Cor r ect ! Tr ue

Fal se

Quest i on2 0. 25/0. 25pt s A contract entered into by an intoxicated person is never valid.

Tr ue Cor r ect ! Fal se

Quest i on3 0. 25/0. 25pt s A trademark can be diluted by the use of a similar mark. Cor r ect ! Tr ue

Fal se

Quest i on4 0. 25/0. 25pt s A person who buys a copyrighted work cannot sell it to someone else.

Tr ue Cor r ect ! Fal se

Quest i on5 0. 25/0. 25pt s Sarah offers to sell Thomas her textbook but conditions the sale on Thomas accepting the offer by March 1. Sarah may revoke the offer

Cor r ect ! before Thomas accepts the offer.

before March 1, whether or not Thomas has accepted the offer.

only after Thomas accepts the offer.

only after March 1.

Quest i on6 0. 25/0. 25pt s Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investment firm. Unknown to Mona, Newt realizes ongoing commissions from the investment. Most likely, Mona may

not avoid the contract.

Cor r ect ! avoid the contract on the basis of undue influence.

avoid the contract on the basis of mistake.

avoid the contract on the basis of unconscionability.

Quest i on7 0. 25/0. 25pt s Ryan invents a pen that digitally “remembers” what is written or drawn with it. To obtain a patent for the pen, Ryan does not have to show that it is

nov el Cor r ect ! mar k et abl e

us ef ul

notobv i ousi nl i ghtofc ur r entt ec hnol ogy

Quest i on8 0. 25/0. 25pt s RiteMade Machinery, Inc., designs, makes, and sells a drill press. Steel Equipment Company copies the design without RiteMade’s permission. RiteMade can bring an action against Steel provided that

consumers are confused.

Steel’s conduct is intentional.

Steel’s conduct reduces the value of RiteMade’s design. Cor r ect ! RiteMade’s design is patented....