121. As a result of _____ protection, the Nike “Swoosh” logo is protected from being used by
any other shoe manufacturer.
122. Patents, copyrights, and trademarks establish ownership rights over _____ property.
123. Which of the following is a typical function of a trademark?
124. The philosophy behind intellectual property laws is to:
125. In the context of “knowledge” economy of the twenty-first century, which of the following
statements is true about intellectual property?
126. The regulations imposed under the _____ agreement, oblige WTO members to grant and
enforce patents lasting at least 20 years and copyrights lasting 50 years.
127. Strong enforcement of intellectual property laws:
128. Product safety and product liability laws are enforced to protect:
129. _____ laws hold a firm and its officers responsible when a product causes injury, death, or
damage.
130. A boom in product liability suits and awards in the United States resulted in a dramatic
increase in the cost of liability insurance. Many business executives argue that this:
131. Which of the following statements is true about product safety and liability laws?
132. Who among the following can claim product liability from the offender?
133. Veronica had been getting red patches on her face after using a protein-based lotion
manufactured by Nature Life Research Lab. On consulting a dermatologist, she learnt that the
lotion’s steroid levels were beyond the standard levels permitted by the government and the
damage caused by the lotion was irreversible. Which of the following will address Veronica’s
grievances?
134. Which of the following nations is most likely to be unappealing as a place for doing
business?
135. If a country wants to improve its attractiveness as a place for doing business and as an
investment site, it should: