Consumer and Property Rights Practice Quiz

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Consumer And Property Rights Practice Quiz - Quiz

Are you aware of the property rights of a consumer? You can check your knowledge with this consumer and property rights practice quiz. It is important as well as necessary for consumers to know about their rights when it comes to property. This quiz will help you test your knowledge and enhance it too. All the best! Try to get a perfect score! You can also share the quiz link with others.


Questions and Answers
  • 1. 

    Which option is correct for the forms of protection for intellectual property?

    • A.

      Patents

    • B.

      Copyrights

    • C.

      Both a & b

    • D.

      None 

    Correct Answer
    C. Both a & b
    Explanation
    Both patents and copyrights are forms of protection for intellectual property. Patents protect inventions and give the inventor exclusive rights to make, use, and sell their invention for a limited period of time. Copyrights, on the other hand, protect original works of authorship such as books, music, and artwork, giving the creator exclusive rights to reproduce, distribute, and display their work. Therefore, the correct answer is "Both a & b" as both patents and copyrights are valid forms of protection for intellectual property.

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  • 2. 

    When it comes to the consumer's right to be heard, it means the consumers should expect positive action from the government and businesses when they __________ the problems.

    • A.

      Speak up 

    • B.

      Listen to 

    • C.

      Transfer

    • D.

      All of the above

    Correct Answer
    A. Speak up 
    Explanation
    The correct answer is "speak up". When it comes to the consumer's right to be heard, it means that consumers should voice their concerns and complaints about problems they encounter with government and businesses. By speaking up, consumers can expect positive action to be taken to address their issues.

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  • 3. 

    Which of the following was not a part of the 1962 Consumer Bill of Rights?

    • A.

      The right to exchange 

    • B.

      The right to return

    • C.

      The right to purchase

    • D.

      None of the above

    Correct Answer
    B. The right to return
    Explanation
    The 1962 Consumer Bill of Rights included the right to exchange and the right to purchase, but it did not include the right to return. This means that consumers did not have the explicit right to return a product if they were unsatisfied or if the product was defective.

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  • 4. 

    The consumer's right to safety means that goods and services will not be _________ if used for their intended purposes.

    • A.

      Hazardous

    • B.

      Safe

    • C.

      Secure

    • D.

      None of the above

    Correct Answer
    A. Hazardous
    Explanation
    The consumer's right to safety ensures that goods and services will not pose any danger or risk to the consumer when used for their intended purposes. This means that the correct answer is "hazardous," as it represents the opposite of safe and secure, indicating that goods and services should not be dangerous or harmful in any way.

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  • 5. 

    Which US president established the Consumer Bill of Rights in 1962?

    • A.

      Lyndon B.Johnson

    • B.

      Richard Nixon

    • C.

      Harry S. Truman

    • D.

      John F. Kennedy

    Correct Answer
    D. John F. Kennedy
    Explanation
    John F. Kennedy established the Consumer Bill of Rights in 1962. This legislation aimed to protect consumers by ensuring their right to safety, information, choice, and the ability to be heard. Kennedy recognized the need for such rights to prevent unfair practices by businesses and promote consumer welfare. By establishing the Consumer Bill of Rights, Kennedy demonstrated his commitment to consumer protection and empowerment.

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  • 6. 

    What protects the intellectual property created by artists?

    • A.

      Patents

    • B.

      Copyrights

    • C.

      Trademarks

    • D.

      Registered designs

    Correct Answer
    B. Copyrights
    Explanation
    Copyrights protect the intellectual property created by artists. This legal right grants artists exclusive control over the use and distribution of their creative works, such as music, literature, art, and films. It prevents others from copying, reproducing, or distributing the work without permission, ensuring that artists can profit from their creations and have the right to decide how they are used. Patents protect inventions, trademarks protect brands, and registered designs protect the visual appearance of products, but copyrights specifically safeguard artistic creations.

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  • 7. 

    What protects the intellectual property created by designers?

    • A.

      Registered designs

    • B.

      Copyrights

    • C.

      Geographical indications

    • D.

      Trademark

    Correct Answer
    A. Registered designs
    Explanation
    Registered designs protect the intellectual property created by designers. This means that any unique and original designs, such as logos, patterns, or product shapes, are legally protected from being copied or used without permission. By registering their designs, designers have exclusive rights to their creations, preventing others from using or reproducing them without authorization. This helps designers maintain control over their work and ensures that they can benefit from their creativity and innovation.

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  • 8. 

    In most countries, how long does copyright last?

    • A.

      Around 10 years after the creation of the work

    • B.

      Around 50 years after the creation of the work

    • C.

      Around 10 years after the death of the person who created that work

    • D.

      Around 50 years after the death of the person who created that work

    Correct Answer
    D. Around 50 years after the death of the person who created that work
    Explanation
    Copyright typically lasts around 50 years after the death of the person who created the work. This means that the creator's rights to their work are protected for a significant period of time, allowing them or their estate to benefit from their creations. After this time period, the work usually enters the public domain, meaning it can be freely used and distributed by anyone without permission or payment. This duration is designed to balance the interests of creators in benefiting from their work and the public's interest in accessing and building upon creative works.

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  • 9. 

    How long do patents usually last?

    • A.

      10 years

    • B.

      20 years

    • C.

      30 years

    • D.

      40 years

    Correct Answer
    B. 20 years
    Explanation
    Patents usually last for 20 years. This duration provides the patent holder with exclusive rights to their invention, preventing others from making, using, or selling the patented product or process without permission. After the patent expires, the invention enters the public domain, allowing anyone to use or reproduce it freely. The 20-year term is considered a balance between providing inventors with adequate protection and encouraging innovation by eventually making the invention available for public use.

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  • 10. 

    If you have rights to a particular piece of property, which of the following actions are you legally allowed to do?

    • A.

      Sell it

    • B.

      Destroy it

    • C.

      Lease it

    • D.

      All of the above

    Correct Answer
    D. All of the above
    Explanation
    If you have rights to a particular piece of property, you are legally allowed to sell it, destroy it, or lease it. This means that as the owner, you have the authority to transfer ownership by selling the property, dispose of it by destroying it, or generate income by leasing it to someone else. Therefore, all of the options mentioned are legally permissible actions for the owner of the property.

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