Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS Exam L4M6 Topic 9 Question 46 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 46
Topic #: 9
[All L4M6 Questions]

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years' time. Should IPR be included into a contract between partners?

Show Suggested Answer Hide Answer
Suggested Answer: A

This is an example of poor-communication. The information was not passed from the person who signed the contract to the staff on site who were to do the cleaning. See p.158 on communication issues.


by Garry at Aug 04, 2024, 03:13 AM

Limited Time Offer

25%

Off

Get Premium L4M6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Lavonne
2 months ago
IPR? More like I-P-Rrrr, I want that treasure all to myself, matey!
upvoted 0 times
Rosalind
20 days ago
But what if one party wants to keep the IPR all to themselves?
upvoted 0 times
...
Thurman
24 days ago
Yes, IPR should definitely be included in the contract to protect both parties' interests.
upvoted 0 times
...
...
Jamie
2 months ago
Option D? What is this, the Wild West? No contract? No way! I want my IPR locked down tight, thank you very much.
upvoted 0 times
...
Melda
2 months ago
A separate legal agreement for IPR? That's just adding unnecessary complexity. I'd go with option B to keep it simple and straightforward.
upvoted 0 times
Yvette
1 days ago
But wouldn't it be easier to just have a separate legal agreement for IPR to avoid any confusion?
upvoted 0 times
...
Merri
3 days ago
I agree, it's better to have everything clearly outlined to avoid any potential conflicts in the future.
upvoted 0 times
...
Edna
6 days ago
I think including IPR in the contract is important to protect both parties' interests.
upvoted 0 times
...
...
Darnell
2 months ago
Option A seems a bit one-sided. I'd want to make sure both parties' interests are protected. Maybe a combination of A and B would work best.
upvoted 0 times
Lizette
1 months ago
Yes, it's crucial to have a fair agreement that protects everyone involved.
upvoted 0 times
...
Cathern
2 months ago
I agree, maybe a combination of A and B would be the best approach.
upvoted 0 times
...
Katy
2 months ago
Option A does seem one-sided. It's important to protect both parties' interests.
upvoted 0 times
...
...
Theresia
2 months ago
I think option B is the way to go. Both parties have a vested interest in the IPR, and it should be clearly defined in the contract.
upvoted 0 times
Ashley
25 days ago
True, it's better to be safe than sorry.
upvoted 0 times
...
Rebbeca
29 days ago
Maybe, but having it in the contract ensures it survives the termination of the agreement.
upvoted 0 times
...
Tayna
1 months ago
But wouldn't a separate legal agreement be more clear?
upvoted 0 times
...
Delmy
2 months ago
I agree, it's important to protect both parties' rights.
upvoted 0 times
...
...
Dottie
3 months ago
I disagree, I think a separate legal agreement should be created to cover IPR for both parties.
upvoted 0 times
...
Luther
3 months ago
I agree with Gilma, it's important for the buyer to have control over IPR.
upvoted 0 times
...
Gilma
3 months ago
I think IPR should always remain with the buyer to protect their rights.
upvoted 0 times
...

Save Cancel