Two Types of Justification for Protecting IP Rights Are Commonly

question 48

Multiple Choice

Two types of justification for protecting IP rights are commonly advanced.Which of the following statements is not true?

• A)The recognition of the moral rights of the owner of IP is the historical foundation of IP law in Australia.
• B)Economic justifications have typically been the preferred rationale for IP laws in common law legal systems.
• C)Moral justifications form the basis of IP laws in civil law systems.
• D)The moral basis of IP laws has been increasingly recognised in Australia.

---

Definitions:

Quarterly Reporting

The process of disclosing a company's financial performance and position every three months to stakeholders.

Permanent Loss

A loss that is not expected to be recovered in the future and has a lasting effect on asset value.

Inventory Market Decline

A decrease in the market value of inventory, possibly due to reduced demand, overstocking, or market conditions, necessitating a reassessment of inventory value on balance sheets.

Interim Quarterly Financial Reports

Financial statements produced on a quarterly basis to provide investors and other stakeholders with timely information on a company's financial performance.