Unlike many laws and rights-intellectual property protection

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Reference no: EM132181451

1. Unlike many laws and rights, Intellectual property protection has:

a. A life as determined by governments.

b. The life of the creator.

c. Unlimited life

d. A natural life cycle

2. When determining the value or quality art, what is considered to be the most important element?

a. Price, because the true value of art is its monetary value

b. Artist, because artists must be recognized by society as important and valued

c. Aesthetic appeal, because people like to look at pleasing images

d. None of the above because art is subjective, and means different things to different audiences.

3. Defendant signed a contract promising to transfer to the Plaintiff an annuity contract in exchange for $50,000. The annuity had a cash value of $169,000 at the time it was transfered. Defendant did not have an attorney review the contract and received encouragement from her boyfriend, who owed the Plaintiff money. When the Defendant subsequently refused to transfer the annuity, the Plaintiff sued. How will the court likely rule?

The contract is enforceable because the court will not assess the adequacy of consideration.

The contract is not enforceable because there was no consideration.

The contract is not enforceable because the circumstances, including the amount of consideration, indicates the contract is unconscionable.

The contract is unenforceable because the Defendant did not have the benefit of an attorney's advice.

Reference no: EM132181451

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