A mandatory arbitration clause is rarely found in consumer contracts.

Intangible property is not subject to ownership principles.

Lite beer, Q-tip, and yo-yo are all examples of trademarks that are generic.

When the bailor and the bailee receive benefit in a bailment, then the bailee has an ordinary duty of care.

Contracts are a form of private law because the terms contained within a contract bind the relevant parties, not the public as a whole.

The U.S. Patent Act has been amended from the “first to invent” rule to “first inventor to file” rule.

A plant patent expires _____ years following the original patent application.

Comparative advertising is not considered fair use.

Grand literary works such as Shakespeare’s Hamlet or Beethoven’s Fifth Symphony can only be performed once permission has been granted by the respective estates that retain ownership of the works.

A purchaser of real property has a duty to exercise due diligence when purchasing land.