WGU D216 Business Law for Accountants | OA | OBJECTIVE ASSESSMENT | Exam Questions and Answers | Latest Update 2026/2027 | Graded A+ - WGU.

WGU D216 Business Law for Accountants | OA | OBJECTIVE ASSESSMENT | Exam Questions and Answers | Latest Update 2026/2027 | Graded A+ - WGU. Ace Widget Company created a product it called the Wizzo brand of widget, and began selling it around the nation, but its attorney forgot to register that trademark. The following year Barrett Widget Company began to sell a product it called the Wizzo widget. Ace sues for infringement of its trademark. Most likely: a. Ace will lose because it did not register the mark. b. Ace will lose because the two names are not identical. c. Both b and c are reasons for Ace to lose. d. Ace will win because it was the first user and the second mark was similar enough to cause confusion. d. Ace will win because it was the first user and the second mark was similar enough to cause confusion. Charlie Corrigan owned a restaurant, and wanted to choose a good service mark for his restaurant. Which of these is the strongest mark? a. Corrigan's, because it is his own proper name. b. Charlie's Place, because it is a more generic name. c. CCs Chow, because it is more distinctive. d. There is no way to get a service mark for a restaurant. c. CCs Chow, because it is more distinctive. Ace Widget Company's "Wizzo" widgets become so popular that, over the years, consumers have begun to call all widgets "wizzos." At times, other companies have used the name "wizzo" in their advertising, saying things like "our products work WGU D216 WGU D216 like wizzos," but Ace did not seek legal relief against that advertising as it was too expensive to do so. Ace is: a. The owner of a very powerful mark. b. In danger of losing protection for that mark as it becomes a generic term. b. Lucky that people think of its product first. c. Not in danger of losing the mark as long as they register it. b. In danger of losing protection for that mark as it becomes a generic term. Edward published his book. The book inspired someone else to make a movie about that battle. Edward sued for copyright infringement. The evidence showed that the movie's makers commissioned a historian to do research into the battle, and a screenwriter who used that research as his basis for the movie. Edward will likely: a. Win because the movie is a derivative work based on his book. b. Lose because the movie is not a derivative work based on his book but is based on independent research. c. Win because the movie failed to give him credit for his inspiration of the film. b. Lose because the movie is not a derivative work based on his book but is based on independent research. Frank worked for Gigantic Corporation, which paid him to write a manual for using its products. The copyright: a. does not exist, because this is simply a set of facts. b. exists in the way those facts are described and belongs to Frank as the author. c. does not exist because Frank was simply doing a work for hire. WGU D216 WGU D216 d. exists in the way those facts are described and probably belongs to his employer, Gigantic Corporation. e. exists in the way those facts are described and probably belongs to his employer, Gigantic Corporation. David bought a handbag for his wife for her birthday, thinking it was a Donatello original handbag. In fact, it was a carefully made copy, down to the distinctive Donatello markings on the bag. David reported this copy to the authorities. The store selling the copy might: a. Be required to give restitution to Donatello for lost profits. b. Possibly be fined or go to prison. c. Both a and b. d. Be required to give David his money back. c. Both a and b. Helen Hopper develops a great idea for a new way to make widgets, and files for a patent on that widget. Unfortunately, she does not have the money or other resources to actually manufacture those widgets. Therefore: a. She will not be granted a patent. b. She probably will need to license the rights to make the widgets to a manufacturer so that she can exploit her patent. c. She will have to wait until the patent expires to license the patent. d. The Patent and Trademark Office will supply her with a grant to make her widgets. b. She probably will need to license the rights to make the widgets to a manufacturer so that she can exploit her patent. WGU D216 WGU D216 Irene Gomez discovered a gene sequence in bacteria that could prove useful in making medicines. She wants to patent that discovery. She most likely: a. will get her patent because her discovery is useful and novel. b. will get her patent because she is the first to discover it. c. both a. and b. d. will fail to get a patent because natural phenomena are not patentable. e. will fail to get a patent because natural phenomena are not patentable. Edward wrote a book describing a famous battle from the Revolutionary War that was fought in the area where he lives. He spent years looking for a publisher without success. One day, while in a bookstore, he saw a book about that very same battle, published by one of the publishing companies to which he sent his manuscript. When he looked at that book, he saw that the author described the book from the standpoint of one particular soldier, a real historical figure. This was exactly the same technique Edward used. Edward sues for copyright infringement. Assume he can prove that he wrote his book at the time he claims he wrote it. Edward will likely: a. Win because he had a common law copyright in his book and the second book described the same facts. b. Win because he had a common law copyright in his book and the second book copied his way of arranging the facts. c. Lose because he failed to register his copyright. c. Win because he had a common law copyright in his book and the second book copied his way of arranging the facts.