Bailey Patents a Device That Allows Its User to Pretend

question 5

Multiple Choice

Bailey patents a device that allows its user to pretend to imitate the ability of a superhero copyrighted by Comic Cons, Inc. Bailey and Comic Con enter into a licensing agreement to make and sell the device as a toy to the public. Under the terms of the license, the licensee agrees to pay Bailey royalties of 4 percent. Their contract does not specify an end date. According to a majority of the United States Supreme Court in Kimble v. Marvel Entertainment, LLC, Comic Con can legally stop the payments​

• A) ​immediately.
• B) ​never.
• C) ​when the copyright expires.
• D) ​when the patent expires.

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Definitions:

Input

Resources, information, or effort that goes into producing a service or manufacturing a product.

Time To Market

The duration it takes for a product or service to move from conception to being available for sale to consumers.

Consumer Adoption

The process by which customers accept and purchase new products or technologies.

Product Launch

The introduction of a new product to the market, encompassing activities from marketing to distribution.