1. Which of the following is an example of tangible property?
A. a method for creating ice cream that your friend thought of
B. an idea for an invention that your dad mentioned briefly but did not write down
C. song lyrics printed in a songbook ***
D. a quicker system of washing a car that you thought of last summer
2. Which of the following is an effect of intellectual property theft?
A. Record companies lose money because people download songs for free online.
B. Book companies lose money because people download books online.
C. Book companies lose money because of used bookstores.
D. Movie companies lose money because people wait for the movies to come on DVD. ***
3. Why is it important to protect people's intellectual property online?
A. Intellectual property can be used by students to get better grades. ***
B. The Internet can make it easier to steal people's ideas, but people own those ideas and have the right to keep them from being copied.
C. The Internet would not have much information if people's intellectual property would not protected.
D. Each piece of intellectual property is worth thousands of dollars, and the owners have the right to keep the money.
For question 1, the correct answer is C. Song lyrics printed in a songbook are an example of tangible property because they are a physical object that can be seen and held.
For question 2, the correct answer is A. Record companies lose money because people download songs for free online. Intellectual property theft can have a significant financial impact on the companies and individuals who own that property.
For question 3, the correct answer is B. The Internet can make it easier to steal people's ideas, but people own those ideas and have the right to keep them from being copied. Protecting intellectual property online helps ensure that creators and innovators can benefit from their work and continue to produce new and valuable ideas.