According to the labor theory of property, what is the primary purpose of intellectual property rights?
To create an incentive for creative work that benefits the public.
What legal mechanism does IP law grant to promote creative activity, and what is the purpose of the limits on this mechanism?
It grants limited monopolies; the limits serve to advance competition.
What two fundamental categories of information are not protected by intellectual property rights?
Ideas and facts.
A resource is considered _____ when its use by one person does not interfere with its use by others.
nonrivalrous
What legal protection is available for original works of authorship like literary, musical, or dramatic works?
Copyright.
What form of IP protection applies to a process, machine, manufacture, or composition of matter?
Patent.
A commercially distinctive word, name, symbol, or device is protected by _____ law.
trademark
What is the term for the copyright protection period for works created on or after January 1, 1978?
The life of the author plus 70 years.
What are the three federal requirements for copyright protection?
Originality, Work of Authorship, and Fixation.
What is the standard for originality in copyright law?
The work must be an independent creation of the author and show a minimal degree of creativity.
To prove copyright infringement, what two elements must be established?
Ownership of a valid copyright and copying of original constituent elements of the work.
What is the term for the defense that prevents a copyright holder from suing for infringement over false information they presented as factual?
Copyright estoppel.
What is the most important defense in a copyright infringement action, permitting unauthorized copying in some circumstances?
The doctrine of fair use.
In a fair use analysis, what is the key question regarding the first factor, ‘the purpose and character of the use’?
Whether the new work is transformative, adding something new or expanding the original’s utility.
What type of use, such as providing commentary, criticism, or parody, is often considered a transformative and fair use?
Copying a work to provide comment on it, criticism of it, or to create a parody.
Under the fourth fair use factor, what must be shown regarding the effect on the potential market for the copyrighted work?
A meaningful or significant effect, not just the possibility of some lost sales.
The _____ doctrine in copyright law exhausts the copyright holder’s right to control the distribution of a copy after its first lawful sale or transfer.
first sale
What are the five requirements for an invention to be granted a patent?
Patentability, Novelty, Utility, Non-obviousness, and Enablement.
What categories of things are explicitly held to be not patentable?
The laws of nature, physical phenomena, and abstract ideas.
What is the most important requirement for obtaining a patent, concerning whether the invention is a sufficient technical advance?
Non-obviousness.
What is the standard for the ‘enablement’ requirement in a patent application?
The application must describe the invention in enough detail for one of ordinary skill in the art to use it.
The _____ doctrine states that once a patentee sells a product, they can no longer control that specific item through patent laws.
patent exhaustion
What are the three requirements for trademark protection?
Distinctiveness, Non-functionality, and First Use in commerce.
A product feature is considered _____ if it is essential to the use or purpose of the article or affects its cost or quality.
functional