Reference no: EM132308558
1. Dorothy, the Tin Man, the Cowardly Lion and the Scarecrow seek patent protection for ruby red shoes. For patent protection which of the following is not a requirement
necessity.
usefulness.
novelty.
not obvious.
2. Wild & Scenic River Tours, Inc., is a corporation. Its directors and shareholders discover that its rival, Bold and Outstanding Creek Adventures, Inc. has defamed Wild & Scenic causing harm to its shareholders. After a shareholder makes written demand to the directors to take action against Bold and Outstanding, to no avail, the shareholder may bring a lawsuit against Bold and Outstanding, Inc. pursuant to
a shareholder derivative lawsuit.
the alter ego theory.
an ultra vires action.
piercing the corporate veil.
3. Hard Shoe, Inc., develops a new series of choreographed dance steps to be used in future Irish musicals. The dance steps are most likely protected by
trademark law.
trade secrets law.
patent law.
copyright law.
4. Jeff is a member of Go Big Red, LLC. Jeff decides he does not like the color red, preferring instead the colors black and gold. Jeff leaves the LLC for that reason. Upon dissociation all of the following apply to Jeff except
duty of loyalty immediately ceases in all regards.
duty of care immediately ceases in all regards.
right to have his interests to be bought out.
loses the right to manage the LLC.