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Intermediate Business Vocabulary

Intellectual Property

Choose the correct answers from the words in the box below.

trademark - copyright - intellectual property - patent - infringement - licensing - royalties - litigation

  1. A protects an invention and gives the owner exclusive rights to it.
  2. The use of a company's logo without permission is considered of their .
  3. Authors and artists can earn for their work every time it's sold or used.
  4. When a company uses someone else's invention without permission, it may result in .
  5. refers to creations of the mind, such as inventions, artistic works, and designs.
  6. laws prevent others from copying or distributing original works of music, literature, or film.
  7. Some companies enter into agreements to allow others to use their patents in exchange for fees.

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