Which of the following statements is true of infringement of intellectual property?
A)The most commonly counterfeited goods include heavy machinery and computer manufacturing.
B)It amounts to piracy and takes the form of production and distribution of counterfeit goods.
C)It is the ability to control important intellectual property before it reaches competitors.
D)Counterfeiting and piracy can be particularly troublesome in advanced economies because of subjective ethical standards.

Question

Quizplus · Accepted Answer

Infringement of intellectual property takes the form of piracy which involves production and distribution of counterfeit goods. Option A is incorrect as heavy machinery and computer manufacturing are not the most commonly counterfeited goods. Option C is incorrect as it describes control of intellectual property, not infringement. Option D is also incorrect as subjective ethical standards are not a deciding factor in counterfeiting and piracy being troublesome.

Which of the Following Statements Is True of Infringement of Intellectual