Flashcards › Business Law Chapters 8-9

Under common law, the most important remedy was a suit for breach of warranty against those who sold unfit goods. True or False? True Contract law is primarily designed to discourage commerce by assuring those who freely enter into agreements that the law will do little to protect their expectations. True or False? False The UCC was primarily designed to govern the sale of goods. True or False? True Independent government agencies such as the Consumer Product Safety Commission have always been adequately funded, and thus, very effective. True or False? False The legal framework that protects intellectual property has only evolved since 1995. True or False? False American copyright law creates a bundle of rights for the owner, including the right to reproduce, distribute, perform, display, or adapt the work. True or False? True A federal appellate court in California sided with the founder of Napster, declaring that sharing digitalized music was no infringement of copyright laws. True or False? False The term caveat emptor means: Buyer Beware According to In Re Lead Paint Litigation, which group is at greater risk to suffer most from the ill effects of lead-based paint? Underpriviliged Children Early common law had allowed some exceptions to the rule of caveat emptor. One of these exceptions included _______. Food Products Debora Halbert asserts in her essay that: intellectual property has historically benefited men more than women. If an author owns a copyright to a non-fiction essay, then publishes that essay in an anthology of similar essays published by a major publishing company, the rights involved in this relationship would be referred to as ______. Collective Work In a lawsuit for copyright infringement, a defendant can avoid liability by successfully arguing _________, based on the notion that the free flow of ideas sometimes requires quoting or borrowing from a copyrighted work. Fair Use