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How Much Do You Know About Intellectual Property (IP) Due Diligence?

By: Despina Shields, COGENCY GLOBAL INC. on Thu, Aug 04, 2016

 Test Your IP IQ by Taking Our Quiz

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Filing with the U.S. Patent and Trademark Office (USPTO) and the U.S. Copyright Office (USCO) is not typically straightforward. Although federal copyright, trademark, and patent assignment filings are made with only two federal filing offices, each office has different requirements depending on the filing. Test your intellectual property (IP) IQ by taking our IP quiz below. You may be surprised to learn what you do not know.

1. I can expect recorded copyright assignment evidence back from the U.S. Copyright Office (USCO) in

a) 18 or more month
b) 12 month
c) 6 month
d) 2 weeks

2. The USCO has a special requirement that says when more than _____ properties are referenced in the copyright assignment filing (aka recorded document), an electronic version of the schedule should be submitted for processing

a) When more than 10 titles (properties)
b) When more than 25 titles(properties
c) When more than 50 titles (properties
d) When more than 100 titles (properties)

3. Which IP filings can be submitted electronically?

a) Patent assignment
b) Trademark assignment
c) Copyright assignment
d) A and B

4. Which IP filing(s) require a “wet signature” in order for the filing to be accepted?

a) Patent Assignment Filin
b) Copyright Assignment Filin
c) Trademark Assignment Filin
d) Patent and Trademark Filing
e) None of the above

5. Generally, and this may change depending on USPTO volume, you may withdraw a patent and/or trademark assignment filing from the USPTO office, if the withdraw request is made within…

a) 3 to 4 hours of the submitted filin
b) You may never withdraw a filing from the USPTO once it has been submitte
c) You may withdraw the filing any time after submission so long as you submit the correct withdrawal documentatio
d) About a week of filing

6. The special handling expedited U.S. Copyright Office registration filing fee is…

a) $10
b) $25
c) $55
d) $1000

7. If you paid the special handling expedited service fee at the U.S. Copyright Office, you can expect to receive your evidence within…

a) 1 to 2 days business days after your filing was submitte
b) One to two weeks after your filing was submitte
c) Four weeks after your filing was submitte
d) Six weeks after your filing was submitted

8. If a trademark filer selects “Other” as the conveyance type for an online trademark filing and then uses the freeform field to type in the conveyance type, the system will always update the ownership information in the trademark database.

True or False?

9. A corrective filing submitted to the USPTO alters the original filing it is intended to correct only if the corrective filing is changing the property number(s).

True or False?

10. The USPTO and the USCO examine the chain of title and consider the legal effect of a document before deciding whether to record the filing.

True or False?

11. Multiple reel/frame releases on a single trademark assignment filing transaction is acceptable if all if the reel/frame numbers are correct.

True or False?

12. Citizenship of the parties is required when filing a trademark assignment.

True or False?

 

Answers: 1. A 2. D 3. D 4. B 5. D 6. C 7. D 8. False 9. True 10. False 11. False 12. True

Are you an IP whiz or did you learn a thing or two? Want to boost your IP IQ? Visit our Federal Intellectual Property Services page to find out how we can help you cover all the bases!

 

This article is provided for informational purposes only and should not be considered, or relied upon, as legal advice.

 

Topics: Intellectual Property Due Diligence