The Most Striking Difference Between Intellectual Property (IP) and Other

question 31

Multiple Choice

The most striking difference between intellectual property (IP) and other types of physical property is that

• A) physical property is a right under the law.
• B) physical property can be sold.
• C) IP cannot be defended against infringement.
• D) IP is easily transferrable.
• E) IP is intangible.

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Definitions:

Expected Value

A statistical concept that calculates the average outcome of a random event when the process is repeated many times.

Dipstick

A tool used for measuring the quantity or level of fluid in a reservoir, notably oil in an engine.

Al Crankcase

Aluminium crankcase refers to the housing for the crankshaft in a reciprocating internal combustion engine, made from aluminum.

Sealed-Bid

A bidding process where all bids are submitted secretly, and the highest bid usually wins, often used in auctions or tendering processes.