Which of the Following Is False Regarding Intellectual Property Rights

question 50

Multiple Choice

Which of the following is false regarding intellectual property rights?

• A)The employer owns the copyright to a work for hire completed by an employee.
• B)Only by an agreement of both parties that a specific work is a work for hire may an employer gain copyright ownership of the work of an independent contractor.
• C)When an employee completes work at the request of the employer,the product is considered a "work for hire."
• D)Federal law does not address the issue of when a work is a "work for hire" because such issues are left to state legislatures.
• E)The classification as an employee or independent contractor is also important in determining who owns the output of a work project.

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Definitions:

Reluctant

Showing hesitation or unwillingness to do something.

Hedging

A financial strategy used to reduce or limit the risk of price movements in commodities, currencies, or securities, by taking an offsetting position in a related security.

Currency Exchange

The process of exchanging one country's currency for another, affecting international trade and investments due to fluctuating exchange rates.

Price Risks

The uncertainty and potential financial loss associated with changes in the price of goods, services, or commodities.