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?

AYes- IPR should always remain with the buyer- this will protect those rights

BYes- IPR is a valid concern for both parties but will survive the termination of the agreement

CNo- a separate legal agreement should be created to cover IPR

DNo- a contract is not necessary if it is a partnership.

Show Suggested 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

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